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South Korea AI strategy by year-end; What's in the Phase One US/China deal?

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Good morning, In case I had you wondering, I didn't forget to send yesterday's Asia AI News. There wa
 
October 29 · Issue #111 · View online
Asia AI News
Good morning,
In case I had you wondering, I didn’t forget to send yesterday’s Asia AI News. There was so little news of interest over the weekend, that I decided not to waste anyone’s time by sending a subpar newsletter! However, I think we’ll make up for it today! Some interesting news to share.
President Moon Jae-in presented South Korea’s vision for AI yesterday at the country’s largest software forum DEVIEW.
Moon promised a national AI strategy by the end of the year to contribute to the goal of turning the country into an AI powerhouse. The government will also use AI to take the country’s e-government system to the next level.
The South Korean government had previously announced in August that it will spend 4.7 trillion won ($3.9 billion) on innovative sectors in its 2020 budget, up from $3.2 billion in 2019. This includes spending on 5G, digital twins, hydrogen, and AI.
In other news, Chinese officials have confirmed that the U.S. and China are close to finalising the “Phase One” deal, which is expected to be signed by Presidents Donald Trump and Xi Jinping on the sidelines of a Nov. 16-17 meeting in Chile of the Asia-Pacific Economic Cooperation.
Although the deal is expected to delay any further tariffs and take trade war aggression down a notch, nothing related to technology will be decided in this Phase One deal. And nothing in the deal affects or addresses the U.S. blacklist and ban on Huawei. White House officials say that those decisions have to be on a separate track.
/Carrington

AI Policy
Moon declares S. Korea AI vision, with AI national strategy in the making Moon declares S. Korea AI vision, with AI national strategy in the making
South Korea to promote AI sector as core industry
Startup News
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R&D
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China, Cuba to build artificial intelligence center
Drones
Drones to accelerate smart farming
Robotics
North Korea boasts of self-developed; six-degrees-of-freedom robot
AI Chips
China’s second chip-focused ‘Big Fund’ raises $29 billion
US-China Trade War
What’s In (and Not In) Step One of the U.S.-China Trade Deal What’s In (and Not In) Step One of the U.S.-China Trade Deal
While 'phase one' trade deal stops escalation, analysts not optimistic for more by year end
China investors keep making deals in Silicon Valley amid Washington pushback
UK may allow Huawei parts in 5G network, risking US backlash: report
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