Investors reportedly back both sides of the U.S.–China AI divide
The Japan Times reports that U.S. banks are raising funds for Chinese AI startups while Chinese money flows to U.S. tech, even as the two countries pursue separate AI supply chains.
TLDR
As China and the U.S. race to build separate AI supply chains, investors are financing companies on both sides, The Japan Times reports. U.S. banks are fundraising for AI startups in China, while Chinese capital flows into U.S. tech. The report describes financial ties shown in public disclosures and cites analysts who compare the rivalry to the Cold War space race.
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