Atlas Organization founder Jonathan D.T. Ward discusses the China Competition 2.0 bill unveiled by Democrat senators, economic containment of China and the status of the U.S. dollar.
Concerns about investing in Chinese firms focused on technologies like AI stem from the potentially profound economic and geopolitical impact of those technologies. Ngor Luong, a research analyst with the Center for Security and Emerging Technology at Georgetown University, told FOX Business, "There are concerns around U.S.
that was co-authored by Luong and research fellow Emily Weinstein analyzed the issue and looked at transactions involving Chinese AI firms on Crunchbase, a site that tracks business investment and funding information, from 2015 to 2021. Within that timeframe, Chinese AI firms in the data set received a total of $110 billion in investment.were involved in 401 transactions, which made up about 17% of the 2,299 global investments in Chinese AI companies.
The bulk of investment into Chinese AI firms in the 2015-2021 period came from transactions that didn’t involve U.S. investors, as about 71% of the transaction value and 92% of the transactions in the data set had no U.S. participation and came solely from Chinese investors. Artificial intelligence technologies may have a profound impact on economic and geopolitical competition., U.S. venture capital firms and other investors can offer funding recipients in China other intangible benefits like mentorship and coaching, greater name recognition and networking opportunities in the VC community – the prevalence and value of which is difficult to assess based on financial transaction data alone.