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| June 26 · Issue #262 · View online |
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Good morning – or good afternoon! Here’s your Friday Asia AI News! The first details have just been announced for this year’s World Artificial Intelligence Conference (WAIC) and, no surprise, it’s virtual. WAIC 2020 conference will take place online 9 – 11 July. Sponsors include Alibaba, AstraZeneca, AWS, China Mobile, iFlytek, Microsoft, SenseTime and Tencent. Link with more details at the end of this newsletter. Lots more news besides including AI chip maker Cambricon’s IPO plans. Have a great weekend! /Carrington
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Cambricon, once Huawei’s core AI chip supplier, eyes $400M IPO
#China #IPO - One of China’s most valuable AI chipmakers Cambricon is one step closer to its initial public offering, and its prospectus reveals a rare snapshot of where Chinese companies stand in relation to their international counterparts in this critical field. Cambricon got the nod in early June to list on the Star Market, China’s new Nasdaq-like stock exchange. (TechCrunch)
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Nextbillion.ai raises $7 million, led by Lightspeed India Partners and Falcon Edge Capital
#India #Singapore #funding - Nextbillion.ai, a diversified enterprise AI platform, has raised $7 million in Series A funding, led by Lightspeed India Partners and Falcon Edge Capital. The start-up will use the funds to grow its team, build vertical specific AI first capabilities and also go into new domains like neuro linguistic programming and facial recognition for the next billion user markets. (Livemint)
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SoftBank’s Masayoshi Son and Alibaba’s Jack Ma part ways
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Samsung Electronics names AI guru as head of R&D hub
#SouthKorea #R&D - Samsung Electronics Co. has named Sebastian Seung, professor at Princeton University’s Neuroscience Institute and Department of Computer Science, as chief of its research and development (R&D) hub. Seung will lead Samsung’s 15 R&D centers and seven AI centers in 13 countries. (Korea Bizwire)
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Tencent's 'smart city' seen as model for post-coronavirus China
#China #smartcities - Chinese tech giant Tencent is creating a “smart city” that utilises technology to put people and the environment first, a model that could be applied to other urban developments after the coronavirus, the project’s architect said on Wednesday. (Reuters)
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Vodafone Idea is entering India's drone ecosystem, as partner of a consortium that includes Zomato as well
#India #drones - Vodafone Idea is set to enter India’s drone ecosystem by partnering with Zomato in the upcoming “beyond visual line of sight” (BVLOS) drone experiments being organised by India’s civil aviation regulator, a company source confirmed. (Medianama)
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Country Garden builds ‘world’s first’ robot restaurant in China
#China #restaurants - Country Garden says it has built what it claims is “the world’s first-ever robot restaurant complex” in Guangdong, China. The modern eaterie was opened on June 22 by Qianxi Robot Catering Group, a subsidiary of Country Garden. (Robotics & Automation)
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Sino-U.S. tech race turbo-charges China chip investment, triggering bubble fear
#China #US #AIchips - U.S. curbs on Chinese tech firms amid the intensifying Sino-U.S. battle for tech supremacy are feeding an investment boom across China’s semiconductor industry, driving prices of both publicly traded and venture-backed companies into bubble territory. (Reuters)
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Pentagon names 20 Chinese firms it says are military-controlled
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H-1B visa: New US law is bad news for Indian tech workers
#India #US #visas - US President Donald Trump has suspended visas for highly-skilled workers until the end of this year. Indians take up nearly 70% of the 85,000 H-1B visas issued every year and so the move is expected to particularly hurt Indian technology companies and workers. (BBC)
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The Trump Administration’s divisions over China policy are deeper than ever
#China #US #tradedeal - Contradictions over the status of the U.S.-China trade deal show that the White House isn’t unified in its approach toward Beijing—even amid the pandemic. (Foreign Policy - subscription)
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Xi: China, EU should take ties to higher level
#China #EU #trade - In a virtual meeting with European Council President Charles Michel and European Commission President Ursula von der Leyen on Monday, President Xi Jinping called on China and the EU to build a more stable and mature relationship in the post-COVID-19 era and lift their ties to new heights. ( China Daily)
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AI robot cast in lead role of $70m sci-fi film
#Japan #US #film - As the industry grapples with how to reopen for production safely, one movie is proceeding with a lead actress who is immune to Covid-19 — because she’s a robot named Erica developed by Japanese scientists Hiroshi Ishiguro and Kohei Ogawa. (Hollywood Reporter)
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Korean IT firms mobilize AI to tackle hateful comments online
#SouthKorea #media - An increasing number of IT companies in South Korea are developing AI-based software to counter abusive online comments. One of them is the nation’s top game company Nexon, which in 2017 created an in-house AI research and development team called Intelligence Labs. (Korea Herald)
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KT to provide AI-based connected infotainment system for Renault Samsung
#France #SouthKorea #automotive - KT will provide a next-generation AI-based infotainment system to Renault Samsung, the South Korean unit of French carmaker Renault, as part of a deal forged between the two companies last year. without connecting smartphones. (Aju Daily)
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World AI Conference 2020 goes live on July 9 - 11
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