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July 16 · Issue #383 · View online |
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Good morning, Here’s a Friday edition Asia AI News! I’ve been struggling with work / life and finding time to create the newsletters, but hoping we’re now back on track! No time for summary today, but lots of news to share! Scroll down for news on China’s AI sector, China’s patent registrations. Shanghai’s new 10-year AI strategy, and China’s new autonomous underwater attack drone! Stay safe and have a good weekend! Carrington
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India AI startup Fractal weighs IPO as pandemic fuels growth
#India #IPO - India’s Fractal Analytics Inc., a provider of AI and analytics solutions to global companies, is exploring an initial public offering to fuel its growth as the pandemic helps to boost demand for its services. (Live Mint)
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AI-based logistics firm Shyplite launches Shypmax supply chain solution
#India #startups - AI-based logistics firm Shyplite launches Shypmax supply chain solution. Shypmax is now live for deliveries to 40+ countries and will be covering delivery to 220 countries progressively. (Business Standard)
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MAS launches global challenge to promote AI adoption in financial sector
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China's AI industry scale exceeds $40 billion in 2020
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India now an AI innovation hub, reveals a study
#India #patents - India now an AI innovation hub, reveals a new Nasscom study. India was ranked eighth in the top 10 countries by AI patent families on a global level, an impressive accomplishment considering it had no AI-related patent filing prior to 2002. (Business Standard)
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China's Bitcoin mining machine makers ramp up R&D on AI chips as supervision toughens
#China #AIchips - Some manufacturers of Bitcoin mining machines in China are now ramping up efforts to manufacture AI chips amid an intensified nationwide crackdown against cryptocurrency mining-related businesses. (Global Times)
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China’s Didi crackdown isn’t all that different from U.S. moves against Big Tech
#China #regulation - It was supposed to be one of the hottest IPOs of the year, the listing of the most dominant ride-hailing service in China, Didi Global, which commands almost 90% of the Chinese market. And then it all went terribly wrong. (TIME)
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Shanghai unveils 10-year AI plan
#China #smartcities - Shanghai announced a municipal artificial intelligence plan on Thursday that will look into rule changes related to digital technology, promote the establishment of technical standards and regulations and form a mechanism for monitoring risks and issuing early warnings. (China Daily)
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China introduces AI into pulsar searching project
#China #FAST - China is exploring AI application in astronomy by introducing AI technology into China’s pulsar searching project. China’s Five-hundred-meter Aperture Spherical radio Telescope (FAST) can get about 30 million signal maps of electromagnetic pulses coming from the universe per week. AI technology can shorten the process to three days. (CGTN)
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‘We can’t let China write the rules for AI’ - US Commerce Secretary
#China #US #AIrace - ‘We can’t let China write the rules for AI,’ Commerce Secretary Gina Raimondo says at Global Emerging Technology Summit, reflecting Washington’s bipartisan view that Beijing must be confronted on the technology front. (SCMP)
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US needs Japan and Korea to counter China tech: ex-Google CEO
#China #US #AIrace - China’s capabilities in artificial intelligence are “much closer than I thought” to catching up to the U.S., former Google CEO Eric Schmidt told Nikkei Asia, stressing that America will not succeed without a “very strong partnership with our Asian friends.” (Asia Nikkei)
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AI unicorn SenseTime appoints Three-Body Problem author Liu Cixin as director of ‘immersive’ sci-fi research project
#China #entertainment - China’s most famous sci-fi writer, Liu Cixin, author of the Three-Body Problem trilogy, will work with SenseTime, the country’s top facial recognition firm, on an ‘innovative and immersive offline entertainment experience’. The partnership was announced Friday at the 2021 World Artificial Intelligence Conference in Shanghai. (SCMP)
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US Defense Secretary Lloyd Austin touts AI tech as key to help prevent future wars
#China #US #defence - Defense Secretary Lloyd Austin said the US Defense Department must focus on incorporating AI into all aspects of warfare, especially as “China’s leaders have made clear they intend to be globally dominant in AI by the year 2030.” (Stars & Stripes)
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U.S. intel officials rely on private sector for artificial intelligence to outcompete China
#China #US #intelligence - The intelligence community officials say they are turning to the private sector to make advances in artificial intelligence deemed necessary to outcompete China and other adversarial nations. (Washington Times)
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China develops a fully autonomous underwater attack drone
#China #UUVs - China-based researchers reveal advanced autonomous underwater drone whose AI capacities allow it to identify and attack without human input. The first successful trial of the vessel came a decade ago as part of a program blending robotics and AI dating to the 1990s. (Droned DJ)
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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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