Thursday, July 20, 2023

A US House committee plans to investigate GGV, GSR, Walden International, and Qualcomm Ventures over their VC investments in China in AI, chips, and quantum (Wall Street Journal)

Wall Street Journal:
A US House committee plans to investigate GGV, GSR, Walden International, and Qualcomm Ventures over their VC investments in China in AI, chips, and quantum  —  House select committee says American firms' investments contributed to China's military buildup and rights abuses



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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...