View profile

Toyota invests $400m in Pony.ai; Facial recognition now sees through masks

Revue
 
Good morning, Here’s your Thursday edition of Asia AI News! In a year so far starved of China AI fund
 
February 27 · Issue #195 · View online
Asia AI News
Good morning,
Here’s your Thursday edition of Asia AI News!
In a year so far starved of China AI funding news, self-driving startup Pony.ai has just revealed a $400 million investment from Toyota. Of course, Toyota is looking at the longer term and is not swayed either way by sentiment resulting from this year’s uncertainties. However, it’s still another vote of confidence for China’s emerging tech.
Meanwhile, Beijing-based Hanwang Technology has announced that it has updated its facial recognition algorithms to allow its systems to identify those wearing masks. This is something that a number of Chinese FR developers have been working on and Megvii reportedly asked for a government-backed loan to fund its own development in this area.
These stories, plus a few more below.
Have a great Thursday!
/Carrington

Startup News
Chinese delf-Driving firm Pony.ai secures $400m from Toyota Chinese delf-Driving firm Pony.ai secures $400m from Toyota
Govt to host AI-focused Raise 2020 summit in April
F&B
Japanese delivery firms, restaurants look to tech to boost businesses
Smart Cities
Why smart city projects have a social dimension in Japan
Recruitment
South Korean jobseekers and students are beating the AI interview bots
AI Policy
Niti Aayog reiterates need for economic framework for data pooling
Coronavirus
Masked faces pose no trouble to AI algos
Chinese Hospitals heploy AI to help diagnose Covid-19
Environment
AI helps to identify spotted seals
China develops first AI earthquake monitoring system
US-China Trade War
China decouples from the West amid virus outbreak China decouples from the West amid virus outbreak
Google plans on rebuilding ties with Huawei
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