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China is citing national security as AI is becoming a key industry. It's no different from all the times the US intervened to stop China from buying out US comp
by culi 6mo ago
China is citing national security as AI is becoming a key industry. It's no different from all the times the US intervened to stop China from buying out US companies. E.g.
https://hvmilner.scholar.princeton.edu/sites/g/files/toruqf2801/files/hvmilner/files/wp_mc_2017_trump_just_blocked_a_chinese_takeover_of_a_sensitive_u.s._company._heres_whats_going_on.pdf https://hvmilner.scholar.princeton.edu/sites/g/files/toruqf2...
> President Trump issued an order blocking the $1.3 billion sale of a Portland, Ore.-based company called Lattice Semiconductor to private equity firm Canyon Bridge Capital Partners. The stated rationale for Trump’s order was national security.