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March 19 · Issue #369 · View online |
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Good morning or good afternoon! Here’s your Friday edition Asia AI News and there’s lots of news to share! Scroll down for news on Soul app’s $300 million IPO; Bain & Company’s India Venture Capital Report 2021; NTU’s study on public support for driverless vehicles; China’s continuing crackdown on Internet tech firms; surveillance fears in Myanmar; and more Chinese companies blacklisted by the Trump administrations may follow Xiaomi’s lead in suing the U.S. government. Also, right at the end of the newsletter, you’ll find an interview with with Ajay Bulusu, co-founder of NextBillionAI and the launch of a new deepfake K-pop band! Soon we’ll have deepfakes of the deepfakes, I’m sure! Stay safe and have a super weekend! /Carrington
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Chinese AI social app Soul secretly files for $300 million US IPO
#China #US #funding - The company backing Chinese social networking platform Soul App has privately filed for a U.S. initial public offering (IPO), Bloomberg reports. Shanghai Renyimen Technology Ltd could raise about $300 million from the listing, which is expected to occur by 2021. (Bloomberg)
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Energy IoT startup Smart Joules raises $4.1 million in Series A
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India VC investments reached $10 bn in 2020
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IBM, Samsung Electronics, and M1 unveil Singapore’s first 5G Industry 4.0 Studio, supported by IMDA
#Singapore #5G - IBM, Samsung Electronics (Samsung), and M1 today opened the IBM Industry 4.0 Studio, which combines 5G connectivity with AI, hybrid cloud and edge computing capabilities to develop and test innovative Industry 4.0 solutions for enterprises in Singapore and across the region. (Samsung)
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South Korea's SK says investing in $300 million mobility fund with China's Geely
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Safety concerns determine level of public support for driverless vehicles, finds NTU study
#Singapore #AVs - When it comes to the use of driverless vehicles, an individual’s support for their adoption hinges on how safe they are, rather than their economic impact or privacy concerns stemming from the data they might collect, an NTU Singapore study has found. (Eureka Alert)
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India, US launch AI-focused forum to scale up science & technology relationship
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Analysis: China delivers on threats to rein in internet economy
#China #regulation - On Tuesday, Chinese livestreaming e-commerce came under scrutiny. On Thursday, it was “deepfakes”. And earlier this month, Chinese authorities imposed fines on operators of community group buying platforms. (Reuters)
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China summons ByteDance, Tencent, Alibaba, others over internet security
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Top China chipmaker gets state funds for $2.4 billion plant
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World going through unprecedented chip shortage, China trade body says
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NTU Singapore team develops plant communication tool
#Singapore #agritech - Researchers at NTU Singapore have developed a device to communicate with plants, aiming to unlock potential in robotics and agriculture. The NTU researchers believe that this ability to measure electrical signals of plants could create opportunities in robotics – such as plant-based robots and more sensitive grippers that pick up fragile objects – as well as in agriculture, allowing farmers to detect disease in crops and maximise crop yield. (The Engineer)
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Seoul City to expand ‘Smart City’ trial services
#SouthKorea #SmartCity - The Seoul Metropolitan Government said Wednesday that it will expand the scope of ‘Smart City’ trial services this year. Since 2019, the city government has studied the effect of the smart city services by running trial programs in Seongdong and Yangcheong districts. (Korea Bizwire)
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Fears of 'digital dictatorship' as Myanmar deploys AI
#Myanmar #surveillance - Protesters in Myanmar fear they are being tracked with Chinese facial recognition technology, as spiraling violence and street surveillance spark fears of a “digital dictatorship” to replace ousted leader Aung San Suu Kyi. Human rights groups say the use of AI to check on citizens’ movements poses a “serious threat” to their liberty. (Channel News Asia)
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Chinese firms seek to sue after Xiaomi win against Trump ban
#China #US #blacklist - Chinese firms targeted by a sweeping investment ban imposed by then President Donald Trump are considering suing the US government after a federal judge last week suspended a similar blacklisting for Beijing-based smartphone maker Xiaomi. (Reuters)
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Blacklisted Chinese firms eye lawsuits after Xiaomi win against Donald Trump ban
#China #US #blacklist - Chinese companies targeted by a sweeping investment ban imposed by former President Donald Trump are considering suing the US government after a federal judge on Friday suspended a similar blacklisting for Beijing-based smartphone maker Xiaomi. (Times of India)
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EU to impose sanctions against China over Uighur
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Exclusive interview with Ajay Bulusu, Co-Founder, NextBillionAI
#Singpoare #NextBillionAI - NextBillion.ai is an emerging technology company that aims at building the world’s most easy-to-use, cost-effective, and advanced hyperlocal AI solutions. Sea News talks to co-founder Ajay Bulusu about unique map-related services. (Sea News)
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K-pop girl group Eternity to debut with deep-fake virtual idols
#SouthKorea #music - A new K-pop girl group is set to make its debut next Monday (March 22) with 11 sweet young things. The catch? They were all created using deep-fake technology and AI. Eternity’s virtual idols were created with Deep Real AI, a deep-fake virtual imaging technology developed by South Korean tech company Pulse9. (Straits Times)
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About Carrington Malin
Carrington Malin helps large organisations, digital brands and fast growing tech ventures with brand, communications and go-to-market strategies.
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