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| January 12 · Issue #351 · View online |
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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. /Carrington
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China’s Horizon Robotics raises $400 million to develop autonomous driving chips
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Sequoia, Tencent join the $190m series C and D rounds of Chinese HR startup
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Leading autonomous mobile robot company Quicktron completes C+ funding round
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China’s first test zone for driverless vehicles with practical applicable scenarios opens in Shanghai
#China #AVs - China’s first test zone for autonomous driving vehicles with six practical applicable scenarios, including a residential community, industrial zone, campus, scenic spot, commercial zone and urban area, opened in Shanghai on Saturday. Shanghai aims to help speed up the development of the intelligent connected vehicle industry. (Global Times)
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China's Baidu to create an intelligent EV company with automaker Geely
#China #EVs - China’s search engine giant Baidu Inc said on Monday it will set up a company to partner with car maker Zhejiang Geely Holding Group to make smart electric vehicles (EV). Baidu established its autonomous driving unit Apollo in 2017. The unit mainly supplies AI technology. (Reuters)
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AI is helping thermal power plants reduce costs and pollution
#India #energy - Bengaluru startup ExactSpace, can create a ‘digital twin’ for thermal power plants taking into account varying conditions and optimising in a live setting. This helps improve efficiency, predictive maintenance and reduce fuel inputs, which in turn has an impact on carbon emissions. (LiveMint)
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AI chatbot creator to suspend service amid controversy over vulgar language
#SouthKorea #chatbots - Scatter Lab, the creator of ‘Lee Luda’, a social media-based AI chatbot said Monday that it will temporarily suspend the service amid growing criticism over its use of discriminatory and offensive language. (Korea Bizwire)
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Infosys steps into the next frontier of digital transformation with AI platform
#India #services - Information technology major Infosys has been making progress in exponential technologies such as AI, a significant shift from the usual IT services. (Financial Express)
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Xi’s push against Jack Ma sparks new threat for China tech
#China #AntGroup #JackMa - Chinese tech companies did a pretty good job convincing global investors that they operated independently from the Communist Party. Now, Jack Ma has become a case study for the firms’ biggest skeptics. (Bloomberg)
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China issues new rules aimed at Trump's sanctions
#China #US #tradewar - China fired back at the Trump administration on Saturday with new rules that would punish global companies for complying with Washington’s tightening restrictions on doing business with Chinese companies. Beijing has told companies to ignore U.S. restrictions and the new rules allows them to sue other businesses if they comply. (New York Times)
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China tried to punish EU nations for Huawei bans
#Chia #EU #Huaweiban - In another sign that 2021 may not be so different from 2020, Huawei is already dominating the news cycle. It has been revealed that Chinese negotiators in the EU-China investment treaty made a last-minute effort to punish countries that had placed restrictions on Huawei. (Light Reading)
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In defense of the EU-China investment deal
#China #EU #US #tradewar - The European Union has drawn a firestorm of criticism for clinching a long-sought comprehensive investment agreement with China in the last days of 2020. That criticism is largely unwarranted. Europe doesn’t need US approval to manage relations with Beijing. (Politico)
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Avatars could be K-pop's next superstars
#SouthKorea #music - One of South Korea’s latest girl bands has set its sights on the “future of entertainment,” launching its first single with both real-life members and their avatars. ‘æspa’ comprises four real-life Korean pop stars, together with their corresponding virtual counterparts. (CNBC)
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A turning point for news media in South Korea
#SouthKorea #media - With the rise of AI news portals, South Korean news media have to navigate a fresh wave of challenges to safeguard their position. Naver, the country’s biggest portal, collects a large amount of news articles from both national and regional papers and curates the latest and most popular articles based on algorithms. (Straits Times)
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About Carrington Malin
Carrington Malin is a UAE-based entrepreneur, marketer and writer who focuses on emerging technologies.
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