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| May 19 · Issue #379 · View online |
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Hi all, Here’s your mid-week edition of Asia AI News! There does seem to be a slow-down in AI innovation, venture and funding news at the moment. I took the opportunity to spend more time with the family over the past couple of weeks and put the newsletter on hold. Now I look back on the news I missed and I find that it’s not a whole lot! Scroll down for some top picks from the last few days. Stay safe, Carrington
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China's Baidu beats quarterly revenue estimates on cloud, AI boost
#China #AI - China’s Baidu Inc reported quarterly revenue on Tuesday that beat Wall Street estimates, as the company beefed up its cloud and artificial intelligence services to fend off competition in the online advertising sector. (Reuters)
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China's streaming giant iQiyi may turn a profit in 5 years
#China #US #Baidu - Chinese video streaming platform iQiyi, majority-owned by Baidu, may be able to turn a profit in five years, its chief executive told Reuters in an interview. iQiyi, which incorporates artificial intelligence to predict viewership and box office, will turn to “intelligent production” to partly help it cut cost and turn a profit in the future. (Reuter)
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Vuno proves efficacy of AI-based cardiac arrest prediction software
#SouthKorea #healthcare - Vuno said that it has proved the efficacy of its AI-based cardiac arrest prediction software, VUNO Med–DeepCARS.It published the study results in Resuscitation, an internationally renowned emergency medicine journal.The company expects that the study, which verified the cli (Korea Biomed)
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Robot 'courier' for on-demand delivery being tested in Singapore
#Singapore #delivery - Residents in a district in Singapore will now be able to use autonomous robots to deliver their shopping or e-commerce orders. The robots are part of a year-long trial led by the Infocomm Media Development Authority (IMDA(, and aims to ease manpower crunch and test the usability of robots across the island nation for contactless and ‘last mile’ delivery. (CGTN)
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Singapore mega-port implements Stäubli robot charging solution
#Singapore #maritime - PSA Singapore’s new mega-port will have fully automated key operations with AGVs that are automatically charged during the operation process with Stäubli’s QCC high-power charging solution. (Robotics & Automation)
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US-China tech war: basic research in AI, semiconductors and biotech gets closer to US$110 billion boost in US
#China #US #tradewar - A US Senate committee has authorised US$110 billion in spending for basic research in AI, semiconductors, biotech and other areas as the country aims to counter China. (SCMP)
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Cloud becomes new front line between China and the west
#China #US #tradewar - In late 2020, Saudi Telecom, the Gulf state’s largest telecoms group, announced a partnership with Alibaba Cloud to help the kingdom build its cloud computing infrastructure. It was the latest in a series of deals made by Chinese companies to expand their cloud reach abroad. ( FT.com)
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About Carrington Malin
Carrington Malin helps large organisations, digital brands and fast growing tech ventures with brand, communications and go-to-market strategies.
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