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SGV launches $800m AI startup fund; Will India's 2020 budget spur AI use?

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Good morning, Here's your Saturday edition of Asia AI News! Scroll down for commentary on India's Un
 
February 1 · Issue #176 · View online
Asia AI News

Good morning,
Here’s your Saturday edition of Asia AI News!
Scroll down for commentary on India’s Union Budget, updates on AI’s role in fighting the coronavirus, Sony’s fund managing cyberhound and analysis on the UK’s decision to allow a limited role for Huawei in Britain’s 5G build-out.
The Indian tech sector has high hopes for the Union Budget 2020-2021, which will be presented today by Finance Minister Nirmala Sitharaman. If you’re following this story, you can watch the Minister’s budget speech live at 9.30am Delhi time (12 noon Singapore) on the government Public Information Bureau Youtube channel. Indian media such as Times of India and The Hindu, of course, have their own Union Budget coverage.
Now, I have a couple of announcements!
Firstly, this will be the last regular Saturday edition of the newsletter. Based on the volume of content and readership habits over the past few months, I’ve decided to focus on 5 daily week-day editions of Asia AI News (Monday to Friday) and basically ditch Saturday’s newsletter. However, in the case of special events or particularly important breaking news, I’ll keep the option open to send out a special Saturday editions, as the need arises.
I’m also going to start a weekly Middle East AI News starting next Thursday 6 February. I’ve been thinking about this for some time, since the number of government AI initiatives, AI-related startup programmes and AI startups in the region is definitely on the rise! Note that if you’d like to receive the weekly Middle East newsletter, you’ll need to sign-up.
Have a great weekend!
/Carrington

Startup News
Skymind Global Ventures launches $800 million fund and London office to back AI startups
India Union Budget 2020
Will Union Budget 2020 change the AI scenario of India?
Budget should spur AI use in economy: IT sector
Banking
Economic Survey pitches for use of big data, AI by PSBs to detect defaults
Japan's pension fund tests Sony AI to oversee investors
Coronavirus
AI-backed app identifies travellers who have contracted the Wuhan virus
Fighting the deadly coronavirus outbreaks with AI
The geopolitical consequences of the coronavirus outbreak
US-China Trade War
Viewing tech giants as a geopolitical force Viewing tech giants as a geopolitical force
Huawei concerns stoke US-UK tensions over intelligence sharing
Britain 'doing the wrong thing' by letting in Huawei 5G: former ASD officer
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*Starting Thursday 6 February*
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