View profile

Investcorp invests in Terminus Technologies; SMIC shares sink on U.S. news

Revue
 
Hi guys, There seems to have been a technical glitch and, as you will have noticed, the newsletter di
 
September 8 · Issue #299 · View online
Asia AI News
Hi guys,
There seems to have been a technical glitch and, as you will have noticed, the newsletter didn’t get sent out this morning. Still better late than never! Here’s Tuesday’s Asia AI News.
More SMIC news yesterday, as Hong Kong shares of the semiconductor manufacturer dropped 15.2% to their lowest level since 16 June, while shares listed on the Shanghai Stock Exchange sank 11%. The movements followed the weekend’s news that the Trump administration is considering putting the company on the U.S. Department of Commerce’s entities list.
Meanwhile, Terminus Technologies, the Chinese robotics company that announced a partnership with Expo 2020 a few months ago has secured investment from Bahrain-headquartered investment bank Investcorp. It seems the PR has worked!
Scroll down for these and other stories.
Have a good day / evening and stay safe!
/Carrington

Startup News
China startup's AI-based monitoring system helps build smart cities China startup's AI-based monitoring system helps build smart cities
Investcorp invests in Chinese AI and smart service provider Terminus Technologies
Autonomous Vehicles
China's driverless car upstarts see robotaxis scaling up in 3 years as tech firms race to get ahead
New self-driving buses testing across Japan let you pay with your face
Robotics
A technique allows robots to determine whether they are able to lift a heavy box
Coronavirus
AI robots tackling COVID-19 pandemic meet global consumers
At Noida hospital, a robot turns counsellor for Covid patients
Geopolitics
SMIC shares sink, US ban worries cloud China's hopes for chip self-sufficiency SMIC shares sink, US ban worries cloud China's hopes for chip self-sufficiency
SMIC, China's largest chipmaker, plunges 23% after U.S. says it could blacklist the firm
Why the secret AI sauce behind TikTok is such a vital ingredient in luring potential buyers
Read Monday’s Asia AI News
Follow Asia AI News on Twitter
About Carrington Malin
Did you enjoy this issue?
If you don't want these updates anymore, please unsubscribe here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Powered by Revue