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The Register

Investigation ties American VCs to Chinese semi, AI growth

The Register
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A newly published congressional report has found that American venture capital firms are at least partially responsible for funding the Middle Kingdom's explosive growth in these arenas.

The report's focus on artificial intelligence and semiconductor investments was largely motivated by US attempts to cut off China from these technologies.

The committee also called out the VCs for "intangible" contributions including consulting, talent acquisition, and market opportunities.