US Firms Investing Billions Of Dollars In China’s AI Sector: Report

According to a report, US firms are investing billions of dollars into China’s AI sector, and there are dangers associated with these investments because they sometimes come with other intangible benefits that involve transferring American skills to Chinese-based businesses.

A recent study found that between 2015 and 2021, American businesses participated in at least 37% of all investment transactions in China's artificial intelligence (AI) industry.

It was not apparent how much of th...

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