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SenseTime defers IPO; China AI investment paying off

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Good morning, Here's Thursday's Asia AI News. Apologies that there was no newsletter yesterday - ther
 
March 19 · Issue #209 · View online
Asia AI News
Good morning,
Here’s Thursday’s Asia AI News.
Apologies that there was no newsletter yesterday - there simply wasn’t much news. However, for whatever reason, today is a different matter!
Predictably, the world’s highest-valued AI company SenseTime has deferred its IPO plans, but will seek private funding of up to $1 billion.
The coronavirus emergency, following on from the effects of the US-China trade war, has had an impact on funding across Asia. The impact on China’s VC inflows and outflows is well reported, but InnoVen Capital’s new India Startup Outlook Report 2020 also shows that funding in 2020 is going to be more of a challenge than 2019.
Scroll down for these stories and more.
Stay safe and have a good day ahead!
/Carrington

Startup News
SenseTime to seek up to $1 billion private funding, deferring Hong Kong IPO SenseTime to seek up to $1 billion private funding, deferring Hong Kong IPO
IDC Names four AI-powered automation solution providers in Asia/Pacific* as IDC Innovators for 2019
Fund-raising to be more challenging in 2020
Autonomous Vehicles
Toyota partners with China's Momenta to commercialize HD maps for self-driving vehicles
Al robot retail car appears in Singapore
Media
Bigo Live filters illegal content using AI
Robotics
Fluid Robotics’ underwater drones map Mumbai drains
Korea Certification (KCs) for Industrial Robots rises in importance as market reaches record of 300,000 industrial robots in operation
​Seoul deploys cooperative robots to help shoemakers
Energy
SK Gas ramps up energy efficiency with AI
Coronavirus
In a time of coronavirus, China’s investment in AI is paying off in a big way In a time of coronavirus, China’s investment in AI is paying off in a big way
Coronavirus cases can now be detected in crowds by a thermal camera from this Indian startup
Ramco Systems unveils new facial attendance system amid COVID-19 outbreak
Asia fast-tracks hi-tech coronavirus solutions
China's tech giants can help the world recover with AI
Medical robots pick up the slack in overloaded hospitals
5G edge patrol robots deployed in China to detect Covid-19 cases
AI service for quick COVID-19 diagnosis to debut this month
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