Lawmakers Want Clampdown on American VCs Funding Chinese Tech Companies
February 9, 2024 at 04:09PM A bipartisan congressional report revealed that several US venture capital firms invested over $3 billion in Chinese technology companies, fueling concerns about national security threats. The firms, including GGV Capital and Sequoia Capital, channeled funds into AI, semiconductor, and cybersecurity ventures with links to China’s military and surveillance activities, prompting … Read more