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Intel venture arm’s China tech stakes raises alarm in Washington

Intel’s venture capital arm has emerged as one of the most active foreign investors in Chinese artificial intelligence and semiconductor start-ups, at a time the $147bn chipmaker receives billions of dollars from Washington to fund a technological arms race with Beijing.Intel Capital owns stakes in 43 China-based technology start-ups, according to an FT analysis of its portfolio. Since the venture fund was launched in the early 1990s, it has invested in more than 120 Chinese groups, according to...

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