SILICON DRAGON NEWS                                       Oct. 8, 2018         

Silicon Dragon
Hong Hong

November 15

Presenting Awards
for Top
VC, Deal,
and Founder of
the Year
Plus Panel
of VCs

Xiaodong Jiang
Long Hill Capital
Hussein Kanji,
Hoxton Ventures
Sue Xu,
Amino Capital
Victor Chua
Vynn Capital
James Vuong ,  
Lana Group
Mark Cheng
Mind Fund Group
Matt Cheng, 
Cherubic Ventures
Rebecca Fannin Silicon Dragon
Thanks to sponsors
Morrison & Foerster

Silicon Dragon 
Valley 2019
Silicon Valley
January 24
Silicon Dragon
 Skolkovo Innovations
 Cyberport Venture

2018 HYSTA
Annual Conference
Cross-Border Tech
Palo Alto, Oct. 5
HYSTA panel with VCs Jim Disanto, Michael Jin, Vadim Tarasov, Marc Wang 

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  AI  panelists
 AI Superpowers Program - Innovators & Investors 
SF Yacht Club, Sept. 28: 
Kunle Olukoton of Stanford University, Nick Adams of AME Cloud Ventures, Nan Zhou of Baidu Capital, Sue Xu of Amino Capital with moderator Selina Wang of Bloomberg News 

Silicon Dragon - AI Superpowers Panel of Innovators & Investors
Silicon Dragon Video -
AI Superpowers Panel of
Innovators & Investors

"We're not all worried about Big Brother watching us in China because of artificial intelligence."
Nick Adams, AME Cloud Ventures

AI has become as big a buzzword as blockchain today. But it's not just hype. VCs are racing to fund emerging AI companies despite paying unicorn-high valuations to back them.
"Today, it is about having an AI first company, like it was in 2000, when it was all about having an Internet site," commented Sue Xu, managing partner, Amino Capital. "The tech giants in China are all AI first companies now." 
"We are at the very beginning of the AI revolution," said Nick Adams, managing director of AME Cloud Ventures, which is an investor in China AI unicorn SenseTime Group.
China is getting ahead of the U.S. now, but may not in the long term. "Right now, we are at this data-driven AI and China has more data. But in the future, we will see that smaller and smaller data sets and that could solidify the research edge for Silicon Valley. 
Read more at Forbes: AI First

Chinaccelerator portfolio company Shopal, a luxury brand group with online social commerce and retail chains, has raised $30 million from Youngor Group.
Here is a China Startup Pulse podcast interview with CEO Lu Guo and Chinaccelerator host Oscar Ramos. SOSV invested in Shopal early on.  
Logistics tech startup Blackbuck in Bangalore raises $27.4 million from new investor Sequoia Capital. 

Zuoyebang, a four-year-old, online education platform that's backed by Baidu, is in talks to raise $500 million from the SoftBank Vision fund.

China's AI market has given birth to 14 unicorns. Is it a bubble waiting to burst?  See bubby AI.     

Asian cities challenge U.S. dominance in venture capital. See VC challenge. Startups in Beijing have raised almost as much money as those in the Valley.

Tencent Music has filed for a $1 billion IPO in New York. Parent Tencent owns 58.1%, Spotify owns 9.1%. It has 800 million monthly active users.
Rebecca Fannin discusses the IPO of hot pot chain Haidilao
Is China's hot pot chain Haidilao coming to your neighborhood next?
 Read more at Forbes: Hot Pot