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Cambricon to raise $368m IPO; DiDi launches robotaxis

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Good morning, Here’s Wednesday's edition of Asia AI News! Didi Chuxing has launched a robotaxi servic
 
July 8 · Issue #268 · View online
Asia AI News
Good morning,
Here’s Wednesday’s edition of Asia AI News!
Didi Chuxing has launched a robotaxi service in Shanghai, currently free-of-charge; Chinese AI chipmaker Cambricon plans to raise $368m in its IPO on the Shanghai Stock Exchange; and more news below!
Meanwhile, in case this is of interest, Dubai announced a comprehensive new drone law on Saturday to pave the way for drone delivery services and flying taxi drones. You can download my 14 page briefing on the law and its potential impact on Dubai’s drone ecosystem here (21MB).
Stay safe and have a good day,
/Carrington

Startup News
Chinese chipmaker Cambricon Tech set to raise $367.8m in IPO
Autonomous Vehicles
DiDi launches robotaxis
Virus accelerates China's autonomous driving sector
Smart Cities
Accenture works with Japan’s University of Aizu on smart city platform
Maritime
Hanwha Systems working on full unmanned underwater lineup, AI-driven command solution
Drones
Altitude Angel powers BVLOS flights in India with Sagar Defence
Geopolitics
Director wray discusses threat posed by China to U.S. economic and national security Director wray discusses threat posed by China to U.S. economic and national security
Media
Hundreds drones light up Seoul sky
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