Beauty wants to limit Chinese investment artificial intelligence on the grounds of national security

Reuters reported on June 14 that some current and former US officials said that it appears that the United States is about to review China’s investment in Silicon Valley to better protect sensitive technologies that are considered vital to US national security. . They are particularly concerned about China's interest in areas such as artificial intelligence, which have increasingly attracted Chinese capital in recent years. They are worried that the relevant advanced technologies developed in the United States will be used to strengthen China's military power and even be used to promote the development of China's strategic industries.

Currently, the US government is considering strengthening the role of the Committee on Foreign Investment in the United States (CFIUS), an organization that evaluates foreign acquisitions of US companies based on national security. An unpublished Pentagon report warned that China is bypassing US regulation and acquiring sensitive technology through a number of transactions that have not yet triggered a CFIUS review. Such transactions include the establishment of joint ventures, holding minority stakes or early investment in start-ups. A Trump government official who was not authorized to talk about the issue publicly said, "In view of China's 'predatory' practices in the field of science and technology, we are closely examining CFIUS."

During his tenure at Obama, CFIUS has prevented Chinese companies from launching a series of acquisitions for a number of high-end chip makers. According to an assistant to the Republican Party in the Senate, a new bill is currently being drafted to give CFIUS more power to block certain technology investments. “Artificial intelligence is one of the many advanced technologies that China is looking for with military application potential.” The assistant who refused to disclose his identity said, “These technologies are very new and our export control system is still not covered. This is what leads them from now. There are some reasons for slipping away from the protective loopholes." James Lewis, an expert at the US Center for International Security Studies, said that the US government is making up for it.

But some industry experts have warned that the tougher measures in the United States may not only prevent technology transfer, but also trigger retaliation from China, which will adversely affect the US economy. Rongding Group data shows that from January to May this year, China’s investment in the United States has reached 22 billion US dollars, an increase of 100%. Economist Hahnemann said that if the bill is too aggressive, it will lead to "strong opposition from the technology industry."

Research firm CB Insights has tracked 29 Chinese companies investing in US artificial intelligence companies since 2012. China is not arrogant in its intention to become an artificial intelligence power through measures such as foreign acquisitions, and is investing heavily in this field.

The Pentagon report believes that the United States still needs to take measures in the non-military field, including changing immigration policies. Some experts said that excellent Chinese students should be allowed to stay in the United States to develop technology instead of returning to China and competing with the United States.

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