Nearly 170 U.S. investors took part in 401 investment transactions into Chinese AI companies from 2015 to 2021, according to a report from Georgetown's Center for Security and Emerging Technology (CSET).
These included investment arms of Qualcomm and Intel.
- Overall, U.S. investors participated in about 17% of all Chinese AI company investments during that time.
- The investments into the companies totaled $40.2B, though it was unclear how much of that came from U.S. investors.
- Among U.S. firms, GGV Capital took part in the most investments at 43.
- Intel and Qualcomm participated in 11 and 13 investments, respectively.
- The report comes as the Biden administration has taken steps to limit exports and more to Chinese tech and AI firms.
- The
CSET report concludes that the "U.S. government is not currently in a
position to effectively monitor, measure, or regulate outbound
investment flows to Chinese AI companies."
- It also provided recommendations, such as creating a program to gather data on U.S. outbound investment into China.
