E
“Decades of investment — including funding, knowledge transfer, and other intangible benefits — from U.S. VCs have helped build and strengthen [China’s] priority sectors.”
VC firms such as Sequoia Capital, GGV Capital and GSR Ventures invested $1.9 billion from US university endowments and pension funds into AI companies “whose technology is contributing to China’s military buildup and human-rights abuses,” according to a Congressional report.
This sure seems like a shot across the bow for the VC industry.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- Microsoft offers buyouts to 60,000 employees
- Apple acknowledges iPhone Duo display ‘issue’ after reports of cracked screens
- Apple updates the iPad Mini with a larger OLED display
- OpenAI announces three big science discoveries and a new way to work with academics
- Five weird details from Anthropic’s IPO filing











