China's AI Investment Becomes an Untouchable "High-Voltage Line" for Silicon Valley Venture Capitalists
2 day ago / Read about 0 minute
Author:小编   

On July 15, Benchmark Capital spearheaded a US$75 million funding round for the Chinese AI startup Manus, yet faced criticism from fellow investors. Following Bloomberg's disclosure of the deal in late April this year, a wave of opposition arose. Republican senators proposed that Congress should intervene, while peers in the venture capital industry labeled Benchmark Capital's actions as 'irresponsible'.