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US VC firms investing billions in Chinese AI, military and tech firms: CCP select committee The 5 American VC firms in the report invested over $1.9B in Chinese AI companies linked to the CCP Source: Eric Revell - FOX Business The bipartisan House Select Committee on Strategic Competition between the United States and the Chinese Communist Party unveiled its new investigation into the five firms which found they invested at least $3 billion in such Chinese companies and provided expertise or other benefits to them. The five firms used by the select committee as case studies in the report were GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital China and Walden International. The investigation found those firms invested over $1.9 billion… Photo by Edward He on Unsplash Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates. #China #AI #Military #FutureTech #Technology #Invest #investments #globalnews