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Pony.ai hits $5.3 billion valuation; Emotibot raises RMB200 million

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Good morning! Here’s your Monday edition of Asia AI News! It certainly feels like a brand new week. N
 
November 9 · Issue #330 · View online
Asia AI News
Good morning!
Here’s your Monday edition of Asia AI News!
It certainly feels like a brand new week. No nail biting US Election 2020 results. And no anticipated $37 billion Ant Group IPO.
So, some funding news.  NLP and AI emotional computing startup Emotibot raised about $30 million in its Series C round. Meanwhile, US-blacklisted Yitu Technology filed for an IPO on Shanghai Stock Exchange last week.
As you might expect, media have already begun sharing analysis and comment on the prospect of Biden’s presidency on Asia-US relations and, of course, China-US relations. Although, apart from predicting a more consistent and strategic approach than we’ve seen from the Trump Administration, there’s not that much insight to share.
Have a great week ahead!
/Carrington

Startup News
Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Chinese semantic AI startup Emotibot raises RMB 200 million ($30.25m)
US-blacklisted AI company Yitu files for Shanghai IPO
R&D
Legal tech patent filings soar in China due to AI dominance, lawyer shortage
AI Policy
China unveils blueprint to become global leader in innovation
Education
How is learning coding and robotics shaping the Indian education system
Digital Transformation
How is AI driving the transformation of traditional industries in Shanghai?
Facial Recognition
Singapore has introduced iris and facial recognition scans at its Changi Airport
Visually Impaired
Japanese unit of IBM among group to test AI suitcase for guiding blind
Geopolitics
Biden must do better than Trump's tariffs in challenging China on intellectual property Biden must do better than Trump's tariffs in challenging China on intellectual property
As Joe Biden wins US Presidential Election 2020, what would it mean for China and Asia?
China unlikely to find Biden a soft touch
Environment
Birdwatching from afar: amazing new AI-enabled camera system to target specific behaviors
Agriculture
How AI is contributing to cotton farming
Read Friday’s Asia AI News
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About Carrington Malin
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