US Venture Capital Seeds Chinese Artificial Intelligence Development

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Just like days gone by, Western capital is seen funding our enemies. (See Wall Street and the Bolshevik Revolution and Wall Street and the Rise of Hitler by Antony C. Sutton) In the AI world, Technocrat “birds of a feather flock together.” AI offers the greatest tool of social control that the world has ever seen, and it is an absolute necessity for Technocracy to succeed. ⁃ TN Editor

U.S. companies were involved in at least 37 percent of the total investment transactions in China’s artificial intelligence (AI) sector between 2015 and 2021, according to a new report.

The report (pdf), published by the Georgetown University Center for Security and Emerging Technology, found that $40.2 billion in investment transactions into Chinese AI companies had U.S. backing, although it was unclear what percentage of that amount was made by U.S. investors or their overseas counterparts.

The venture capital (VC) was given to 251 Chinese AI companies, primarily at angel, seed, and pre-seed stages of investment.

There are risks with such investments, the report noted, as they’re generally accompanied by other intangible benefits in which U.S. expertise is delivered to China-based companies.

“While Crunchbase data suggests that U.S. outbound investment into Chinese AI companies is limited, such financial activity, commercial linkages, and the tacit expertise that transfers from U.S.-based funders to target companies in China’s booming AI ecosystem carry implications that extend beyond the business sector,” the report states.

“Earlier stage VC investments in particular can provide intangible benefits beyond capital, including mentorship and coaching, name recognition, and networking opportunities. As such, U.S. outbound investment in Chinese technology, and particularly AI, merits additional attention and tracking.”

US Firms Fund Chinese AI Companies

U.S. investments in China-based AI companies have come under fire in recent years because of the amount of control exercised over such companies by China’s communist regime.

The Chinese Communist Party (CCP), which rules China as a single-party state, has implemented several laws that require China-based companies to make all data in their possession available to the regime upon request.

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About the Editor

Patrick Wood
Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
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