View profile

STAR Market debut aftermath; China fast-tracks its own cryptocurrency

Global coverage of STAR Market's stellar trading debut continues, however questions are now being rai
July 24 · Issue #30 · View online
Asia AI News
Global coverage of STAR Market’s stellar trading debut continues, however questions are now being raised about its future after all but four of the 25 firms that debuted on the tech board saw their share price fall by or during day two. However, others are still convinced of the board’s long term value.
Meanwhile, Facebook’s own cryptocurrency launch seems to have inspired China’s central bank, The People’s Bank of China (PBOC), to fast-track its own national digital currency plans. Some see this as a strategy to assert control, while others see the move as a positive sign that regulators are embracing blockchain and cryptocurrencies.
On Monday, Robin Li Yanhong, CEO of Chinese technology giant Baidu, published a purposeful article in the People’s Daily newspaper, which appears to have been written in answer to rising anti-Chinese technology sentiment in Washington D.C. Yanhong called for a “strategic, global, forward-looking and ethical” approach to the development of AI technologies and whilst making clear that China would win the AI race, he also held that China’s innovation would “benefit the world and humanity.”
If you’re attending the World AI Show in Singapore today or not, wishing you an interesting and productive day!

STAR Market
China's answer to Nasdaq turns out to be a one-day wonder after all, and that should concern Xi Jinping
STAR Market creates three billionaires on day one
Startup News
SenseTime to set up EMEA R&D headquarters in Abu Dhabi
China is home to more than half of world’s top AI unicorns as battle for supremacy with US heats up
AI At Work
The hotels of the future, where everybody knows your name
How BIGO LIVE is using AI/ML to showcase UG video content
How Singapore hospitals are pioneering AI
Asia's Chatbots
Chatbots have finally arrived in Southeast Asia
Ping An introduces doctor's AI assistant to Singapore
Mahindra & Mahindra's AI bot to gauge staff mood
Digital Readiness
Malaysian businesses confident of ability to cope with AI, poll finds
China fast-tracks development of national digital currency in response to Libra
All Primary 4-6 students in Singapore to learn coding from 2020
China's Tech Ambitions
Baidu CEO shares vision for a global, forward-looking, ethical AI development
China is rapidly emerging as a technology superpower. This will have far-reaching implications for India
Follow Asia AI News on Twitter
Did you enjoy this issue?
If you don't want these updates anymore, please unsubscribe here.
If you were forwarded this newsletter and you like it, you can subscribe here.
Powered by Revue