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April 2 · Issue #371 · View online |
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Good morning, Here’s your Friday edition of Asia AI News! As you may have noticed, I’ve been struggling to get issues out the past few weeks due to work pressures. However, hoping that I’m now back on track! Scroll down for news from around the region, from Didi Chuxing’s upcoming IPO, to the Philippines plans to become a global AI powerhouse. Stay safe and have a great weekend! /Carrington
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China Everbright, AIoT firm Terminus raise additional $305m for smart city fund
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Indian AI-driven speech recognition firm banks $140m in series D round
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China's Didi leans towards New York for IPO, eyes valuation of at least $100 billion
#China #USA #IPO - China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its IPO, eyeing a valuation of at least $100 billion via the float, two people with direct knowledge of the matter said. (Reuters)
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Didi said to be raising money for autonomous driving unit at $6 billion value
#China #funding - Didi Chuxing’s autonomous driving unit seeks funds at $6 billion value, sources said. The Chinese ride-hailing start-up is looking to supercharge growth beyond its core businesses ahead of an anticipated IPO this year. (SCMP)
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Milagrow enters the Middle East, opens new office in Dafza
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Korean Voice AI startups innovating technology to cater to wider audiences
#SouthKore #AIvoice - Korean startups in the AI sector have introduced voice-based assistance technologies that can be used to cloning singing voices of dead artists, act as baby monitors, or even help find a perfect love match. (Korea Techdesk)
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Vietnam launches first autonomous vehicle
#Vietnam #AVs - Vietnam has released its first autonomous vehicle. Manufactured by local conglomerate Phenikaa Group, the self-driving vehicle boasts AI features including 3D maps, Lidar sensors, SLAM (simultaneous localisation and mapping). (E27)
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China plans new rules for autonomous vehicles -ministry
#China #AVs - China’s Ministry of Public Security is seeking public feedback about new regulations on self-driving vehicles for its latest road safety law, as the auto industry continues to develop autonomous technologies. (Reuters)
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Japan studies Parkinson's disease with face-recognition software
#Japan #Parkinsons - Researchers at Okayama University in Japan report that artificial-intelligence technology can detect facial characteristics of Parkinson’s disease. The faces of patients were systematically found to look older and expressionless. (Bio Spectrum)
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AI tech predicts recurrence of kidney cancer for a decade
#SouthKorea #healthcare - Researchers at St. Mary’s Seoul Hospital have developed AI software that can predict kidney cancer recurrence. Professor Hong Seung-hoo of the Department of Urology led the research to develop the algorithm, which predicts recurrence probability in five to 10 years after kidney cancer surgery using AI machine learning. (Korea Biomed)
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AI tech is increasingly being used by police worldwide. Here’s why India needs to regulate it
#India #policing - AI tools are increasingly being put to use in India for ‘predictive policing’. For instance, during his annual press briefing in February, the Delhi police commissioner said that 231 of the 1,818 people arrested for their alleged role in the 2020 Delhi riots had been identified using tech tools. (Scroll)
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Huawei warns of supply chain disruption after growth evaporates
#China #Huawei - Huawei Technologies Co.’s quarterly revenue shrank for the first time on record, reflecting the devastating impact of U.S. sanctions that forced China’s largest technology company out of smartphones and into other technology arenas. (Bloomberg)
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China's JD spins off cloud and AI businesses to fintech unit
#China #JD.com - Chinese e-commerce firm JD.com Inc said on Wednesday it had sold JD Cloud and artificial intelligence business to its financial technology unit for a combined valuation of 15.7 billion yuan ($2.40 billion). (Reuters)
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Singapore, Seoul and London top smart city governance ranking
#Seoul #Singapore #smartcities - Singapore, Seoul, and London have been named as leading smart city governments by Eden Strategy Institute. The study focuses specifically on the role of city governments as a key driver for smart city development. (Smart Cities World)
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Cities across China continue getting smarter
#China #SmartCities - From 2021 to 2025, smart city technologies will be widely applied across the country, and by 2026 the government’s digital transformation will be in full swing, according to Xu Huaiyu, a researcher with the Shanghai Advanced Research Institute, Chinese Academy of Sciences. (Shine)
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DTI wants to position Philippines as AI powerhouse
#Philippines #AIstrategy - The Department of Trade and Industry (DTI) aims to launch a national AI roadmap for the Philippines in April which aims to position the country as an AI powerhouse. The country is planning to build a national data center and a national center for AI research. (Philstar)
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U.S. trade war pushing China to steal tech, talent, Taiwan says
#China #US #Taiwan #tradewar - The China-U.S. trade war is pushing Beijing to step up its efforts to steal technology and poach talent from Taiwan to boost China’s semiconductor industry’s self-sufficiency, the government of the tech-powerhouse island said on Wednesday. (Reuters)
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Huawei offsets US sanctions with dominance in China
#China #USA #Huaweiban - Huawei has released its annual report for 2020. Profit and revenue are slightly up year-on-year despite US sanctions and a collapse in consumer sales outside China. (The Verge)
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The Middle East offers US, China some common ground to cooperate on anti-terrorism and security
#China #Saudi #UAE - The meeting between Saudi Arabian Crown Prince Mohammed bin Salman and Chinese State Councillor and Foreign Minister Wang Yi took place at the site of the planned city of Neom. China is set to benefit from the opportunities Neom presents, in much the same way it has already done in neighbouring Dubai’s push to build a smart city, but on a much larger scale. (SCMP)
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Canada had to arrest Meng Wanzhou and it was not arbitrary, but detention is now unlawful, her lawyer says
#Canada #China #Huawei - Lawyer Gib van Ert’s comments at extradition hearing are in contrast with the position of China’s government about Huawei executive’s 2018 arrest Meng Wanzhou’s lawyer presented reports suggesting the basis for US charges, relating to transactions by foreign entities, was unlawful overreach. (SCMP)
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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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