Tech China Post #17

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Tencent continues its investments in AI, launching AI Voice Assistant ‘Dingdang,” similar to Siri and Alexa, and opening an AI lab in Seattle headed by a former Microsoft researcher.

Baidu’s CFO is now the new head of Baidu Capital. In late 2016, Baidu set up an investment fund of $3B to focus on growth investments. Baidu also has a $200M Baidu Venture fund that focuses on earlier stage deals.

China’s Didi raises over US$5.5 billion in record tech funding

Journalist at New York Times talks about the Great Firewall

China’s Hangzhou International Airport is planning a cashless airport utilizing mobile payment, AI, and other emerging tech solutions to enable next-gen airport and travel

Silicon Valley Bank JV to open Shenzhen branch

Alibaba’s Yu’e Bao overtakes JPMorgan as world’s largest money market fund

Vancouver venture capital firm quietly prospers in Asian high-growth markets

Huawei launches coding competition globally to recognize top coders