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SoftBank CEO blasts AI strategy critics; Asia Power Index ranks China third

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Media coverage continues on the fortunes of STAR Market and the future of SoftBank's Vision 2 Fund. C
 
July 30 · Issue #35 · View online
Asia AI News
Media coverage continues on the fortunes of STAR Market and the future of SoftBank’s Vision 2 Fund. CEO Masayoshi Son disclosed $2 billion of investment in ride-hailing app Grab’s Indonesian business, following a meeting with the Indonesian President Joko Widodo.
Over on Shanghai’s tech stocks board, STAR Market, investors seem a little put off by the newly introduced limit of 20 percent on daily gains or losses.
Providing more data to the debates on Asia Pacific’s AI race, arms race and balance of trade, Australian think tank Lowy Institute published its 2019 Asia Power Index. According to the index China is outranked in cyber defence capabilities by Russia and the U.S., although just by 2 percentage points.
Also scroll down for funding news on health tech startup Visit Health (India), robo-advisor StashAway (Singapore) and ed tech Edusuite (Philippines).
Have a great day!
/Carrington

SoftBank Vision 2
Masayoshi Son blasts critics who don't understand AI's potential
SoftBank Group CEO says to invest $2 billion in ride-hailing app Grab
Startup News
Startup Visit Health plans to raise $10 mn in Series A funding; healthtech app platform to finance expansion
Chinese fintech firm 9F files for US IPO, seeks to raise $150m
Robo-advisor StashAway bags $12m in series B round
Edtech startup Edusuite raises $235k in seed funding
Smartly plans pan-SE Asia robo advisory
STAR Market
STAR tech stocks lose interest as ‘craziness’ wears off
R&D
Japan targets cyborg tech and robotics in ambitious research programme
Smart Cities
Chongqing steps up robotaxi push with launch of 5G-enabled testing zone
Defence
China making 'quite significant' strides in supercomputing
Opinion - A China that hides its strength no longer
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