Horizon Robotics raises $350m; US to look at more China tech restrictions





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February 12 · Issue #360 · View online
Asia AI News
Good morning,
Here’s your Friday edition of Asia AI News!
And it’s a jam-packed Chinese New Year edition of the newsletter today! From Horizon Robotics’ $350 million funding round to the $1.7 billion acquisition of South Korea’s AI video startup Hyperconnect.
Other than that there’s news on robotics, autonomous vehicles, AI chips and updates on possible U.S. digital policy under the new Biden administration.
Scroll down for these stories and more!
Have a great Friday! Happy Chinese New Year! And Gōng xǐ fā cái!

Startup News
Chinese AI chip designer Horizon Robotics raises $350m in Series C3 round
Chinese investors join $200 million funding round for autonomous startup Plus
Autocrypt raises $13m Series A; MBK Partners offer for Tsukui stake
Iron Pillar leads $5 million funding round in AI startup Ushur
AI social chat app maker Hyperconnect bought by dating maven Match for $1.7 billion
Hyundai TIGER concept vehicle can roll or walk on challenging terrain
Ola to deploy ABB robotic solutions at mega-factory for e-scooters
Autonomous Vehicles
Aurora partners with Toyota in bid to bring autonomy to masses
Baidu introduces world's first multi-modal autonomous driving MaaS platform in Guangzhou,
AI Chips
Baidu in talks to raise funds for AI chip company
AI Adoption
83% of Indians trust AI bots over people to manage finances: Study
Facial Recognition
Investigation reveals Dahua biometric systems sent ethnicity warnings to Chinese police
U.S. to look at more restrictions on tech exports to China U.S. to look at more restrictions on tech exports to China
Citing China threat, business groups, experts push Biden administration for digital policy
Biden raises concerns with China’s Xi in first call since election
Tencent Investigation
Tencent executive held by China over links to corruption case
India Patent Law
Reviewing key aspects of Indian Patent Law in view of AI related inventions
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About Carrington Malin
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