18
Nov
The more certain short-term impact is that US investors who are still interested in Chinese AI startups will have to do a whole lot more due diligence. The Treasury Department is not setting up a new government committee like CFIUS that will review every transaction investors submit, and is instead asking them to do their own homework and report whether they believe a Chinese AI company would be covered.Under the new rules, even if a Chinese startup’s AI model is smaller than the 1025-flops size threshold, a US investor might still have the responsibility to notify the Treasury Department about…