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Japanese VCs invest in Kenyan AI startup; China confirms trade deal

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Good morning, Well, as you'll already know, China confirmed that it had agreed a phase one deal with
 
December 15 · Issue #148 · View online
Asia AI News
Good morning,
Well, as you’ll already know, China confirmed that it had agreed a phase one deal with the US on Friday, after the news was leaked from the Trump administration on Thursday. China also confirmed that it would not now impose new tariffs on imports of American products.
The trade deal itself is not yet public and few people seem to have seen the details. Chinese state media have so far, perhaps wisely, been reluctant to say too much about it. So, that appears to be that until the deal is officially signed in the New Year.
Some interesting stories from the weekend below, including the Japanese led $500,000 funding round for a Kenya-based AI startup. Quite a few news items concerning R&D too.
Have a great week ahead!
/Carrington

Startup News
Kenyan AI startup UTU raises $500k round from Japanese VCs Kenyan AI startup UTU raises $500k round from Japanese VCs
Indonesian 'digital reality' company WIR Group plans IPO next year
Reliance Industries buys controlling stake in drone startup Asteria Aerospace
TikTok owner forms JV with state media in blockchain, AI
How this 5-year-old bootstrapped startup is helping 20,000 enterprises gain actionable intelligence
China’s car parking problem spawns start-ups with big money backers as AI dominance grows
R&D
2019 AI Index Report shows research and development in AI continues rising
Baidu files the most AI patent applications in China, again
StarHub, NUS to pilot 5G virtual-reality and AI solutions
VinAI announces scientific research at AI conference
HKU scientists develop a deep learning approach to predict disease-associated mutations
Robotics
Singlish-speaking robots and other ways to make AI work for Singapore and beyond
Retail
Japan to introduce unmanned AI convenience store in spring 2020
Intact Financial makes insurance easier with AI
US-China Trade War
First phase of US-China trade deal announced First phase of US-China trade deal announced
Trade war: China halts introduction of new tariffs on US goods
What the interim US-China trade deal means - and doesn't
The good, the bad, and the ugly: three takeaways from the would-be U.S.-China trade deal
Why US-China trade talks aren’t out of the woods yet despite interim deal
US-China trade breakthrough ‘could signal the worst is over’ for Hong Kong, says commerce chief Edward Yau
Huawei’s European ambitions suffer setback after Norwegian firm turns down 5G partnership
China’s actions ‘not in accord with US values of science ethics’, report says
Pentagon head says China is now top US military priority, passing Russia
Opinion
Achieving human liberation through AI
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