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CloudWalk raises $257m; China unicorn creation falls to six-year low

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Good morning, Here’s Friday's Asia AI News! Apologies that Wednesday and Thursday editions didn't qui
 
May 15 · Issue #242 · View online
Asia AI News
Good morning,
Here’s Friday’s Asia AI News! Apologies that Wednesday and Thursday editions didn’t quite make it.
Lots of news today, from autonomous vehicles and robotaxis, to China’s unicorns and tech funding, plus a variety of stories about drones. Also defence UAVs and AI in agriculture at the end of the newsletter.
TGIF! Have a great weekend!
/Carrington

Startup News
CloudWalk raises additional 1.8 billion yuan in financing CloudWalk raises additional 1.8 billion yuan in financing
China unicorn creation falls to six-year low as investors play it safe
STAR Market
Shanghai Star Market outperforms other Chinese exchanges in first quarter
Autonomous Vehicles
Getting AV technology domestication right means standing up to bullies
Self-driving startup Pony.ai accelerates testing amid pandemic
WeRide announces self-driving fleet with over 100 vehicles
Robotics
Sony AI and avatarin to cooperate on remote control robots
Coronavirus
How drone technology is changing emergency medical assistance?
Coronavirus pushes Japan closer to high-tech 'super cities'
Drones
Indian drone startups witness spike in business during lockdown
Beijing bans drones for upcoming key political meeting
Police data on use of Chinese-made drones demanded by lawmakers
Here’s why drones will not join home delivery fleets in India any time soon
UAVOS releases new improved UAV-85 and UAV-70 engines
Geopolitics
As it reopens, China has a chance to become a top superpower As it reopens, China has a chance to become a top superpower
Smart Ports
“Smart port enabled by 5G + self-driving technology” launched in Xiamen
Defence
Made in India weaponized UAV for warfare
Agriculture
India uses AI & blockchain to assist local farmers
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