Report: US investors are pumping billions into China’s AI sector – IT business

Major U.S. investors and chipmakers like Intel and Qualcomm put nearly a fifth of their investments in Chinese artificial intelligence (AI) companies between 2015 and 2021, according to a report. As a result, 167 U.S. companies were involved in 401 transactions, accounting for regarding 17 percent of the total investment in Chinese AI companies during the period, according to research by Georgetown University’s Center for Security Studies (CSET) on Wednesday.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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