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US investors backed China’s controversial AI firms

Chinese artificial intelligence companies have received large-scale investment from the US, despite some of them being blacklisted in the US. According to research by Georgetown University’s Centre for Security Studies (CSET), major US investors and chipmakers such as Intel and Qualcomm made one-fifth of their investments in Chinese AI companies between 2015 and 2021. 167 US companies were involved in 401 deals, representing about 17 percent of total investments in Chinese AI companies during this period.

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