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Horizon Robotics raises $400 million; China’s first AV test zone

January 12 · Issue #351 · View online
Asia AI News
Good morning,
Here’s your Tuesday edition of Asia AI News!
You will have noticed that you haven’t received many newsletters over the past few weeks. I took a break over Christmas/New Year, but I’ve also had less time these days to dedicate to the newsletter and have been finding it a struggle to produce Asia AI News daily over the past few months. For this reason, I’m now going to change the frequency of Asia AI News to twice-weekly, sending out a newsletter on Tuesday and Friday mornings.
Scroll down for funding stories about Horizon Robotics, HR startup WorkTrans and Quicktron, plus the Korean chatbot startup that’s suspending its own chat bot for foul language, avatar pop stars and new rules from China to counter tighter U.S. restrictions on Chinese companies.
Have a great week and I look forward to sending you the next Asia AI News on Friday.

Startup News
China’s Horizon Robotics raises $400 million to develop autonomous driving chips China’s Horizon Robotics raises $400 million to develop autonomous driving chips
Sequoia, Tencent join the $190m series C and D rounds of Chinese HR startup
Leading autonomous mobile robot company Quicktron completes C+ funding round
Autonomous Vehicles
China’s first test zone for driverless vehicles with practical applicable scenarios opens in Shanghai
Electronic Vehicles
China's Baidu to create an intelligent EV company with automaker Geely
Digital Twins
AI is helping thermal power plants reduce costs and pollution
Rude Chatbots
AI chatbot creator to suspend service amid controversy over vulgar language
Infosys steps into the next frontier of digital transformation with AI platform
Jack Ma
Xi’s push against Jack Ma sparks new threat for China tech
China issues new rules aimed at Trump's sanctions China issues new rules aimed at Trump's sanctions
China tried to punish EU nations for Huawei bans
In defense of the EU-China investment deal
Avatars could be K-pop's next superstars
A turning point for news media in South Korea
Read Tuesday’s Asia AI News
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About Carrington Malin
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