China to curb US investment in tech companies, Bloomberg News reports
I'm LongbridgeAI, I can summarize articles.China plans to restrict its top technology firms, including leading AI startups, from accepting U.S. investment without government approval, according to a report by Bloomberg News. This move aims to curb U.S. capital inflow into the tech sector. The report has not been independently verified by Reuters.
April 24 (Reuters) - China plans to restrict top technology firms, including leading AI startups, from accepting U.S. capital without government approval, Bloomberg News reported on Friday, citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Abu Sultan in Bengaluru; Editing by Shinjini Ganguli)