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🇨🇳 ChinA.I. 🤖🧠🦾🤖

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Jerome Cody

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Investing in Chinese AI is risky: Benchmark invested in Chinese AI company Manus, leading a $75 million round into the viral concern. Manus became best-known earlier this year for a demo of its agentic software that could complete complex tasks on behalf of users. Seeing a venture capital firm invest in potentially breakout technology is not surprising. But, with tensions between China and the United States running hot, the US Treasury Department is “reviewing” the deal, Semafor reports. Benchmark figured that as Manus isn’t building its own models, rules about AI investment wouldn’t apply. We’ll see. https://www.semafor.com/a.. #🇨🇳 ChinA.I. 🤖🧠🦾🤖
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US Treasury examining Benchmark Capital’s ties to Chinese startup Manus AI

Benchmark led a $75 million investment into Manus which is under review, said sources familiar with the matter.

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