US Treasury examining Benchmark Capital’s ties to Chinese startup Manus AI
The ScoopThe US Treasury Department is reviewing a Benchmark Capital-led $75 million investment in Chinese startup Manus AI, according to two people familiar with the matter, the latest example of an intensifying tech race between the two countries.The Silicon Valley firm recently received an inquiry from the department into whether the financial backing is covered by new restrictions on investments in artificial intelligence and other key technologies that are destined for “countries of concern...
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