China launches $8.2bn AI investment fund as US tightens trade controls - Yahoo Finance

Retrieved on: 2025-01-21 09:45:18

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Zhipu AI

China Integrated Circuit Industry Investment Fund

United States

China

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China launches $8.2bn AI investment fund as US tightens trade controls - Yahoo Finance. View article details on hiswai:

Summary

China has launched a $8.2bn AI investment fund amidst US export controls on advanced semiconductors. The fund, involving entities like Zhipu AI and CICF, signifies China's strategic focus on AI amidst US-China tech tensions.

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