A lot of talk about unicorns

Unicorns by area

Asia AI News 6 August 2019 –    There much talk about unicorns this week, as market intelligence firm CB Insights released its venture capital analysis a few days ago. ‘Unicorn’ generally refers to a privately held startup valued at more than $1 billion. Now everyone wants one!

CB Insights estimates that there were 380 unicorns globally at the end of July 2019, up about 50 percent from a year earlier. The firm counted 187 unicorns in the U.S., 94 in China, 19 in Britain and 18 in India.

Read more on this, plus the investment outlook on China and what machine learning means for geopolitics – courtesy of Carnegie Endowment for International Peace – in today’s Asia AI News.

Startups, investment firms and other organisations featured in today’s newsletter:

  • Blue Sky Analytics (India)
  • Carnegie Endowment for International Peace (USA)
  • Cloudminds (China/USA)
  • Daikin Industries (Japan)
  • Didi Chuxing (China)
  • Liquid Global (Japan)
  • MATA Aerotech (Malaysia)
  • Preferred Networks (Japan)
  • Razorpay (India)
  • SWS Capital (Malaysia)
  • Tata Sons (India)
  • Thirdwatch (India)

Read today’s Asia AI Newsletter

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