Uncle Sam would rather Silicon Valley VCs did not invest in Chinese AI
For Qualcomm Ventures , the committee highlighted concern over its investment in Zongmu, a self-driving vehicle company that claims to promote Chinese military-civilian integration.
QV was also said to have invested in the People's Republic of China based GPU AI chip startup Denglin Technology thereby advancing the PRC semiconductor industry, and advised and directed investment activities of the Strategic China Venture Fund, which supports Chinese startups and holds semiconductor investments as a strategic priority.
The committee said Walden International has also invested in a company on the US Entity List for enabling Uyghur surveillance in Xinjiang province, Intellifusion. The Shenzhen companyFurthermore, the panel said 39 percent of Walden's AI investments were in PRC companies in the six years CSET analyzed.
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