Kai-Fu Lee Backs New U.S.-Targeted AI Startup Amid Geopolitical Risk and $100 Billion Fund Expansion

Kai-Fu Lee, a prominent Chinese tech founder, is backing a new artificial intelligence startup targeting the U.S. market. However, the venture has encountered skepticism from investors, who express concerns regarding geopolitical risks associated with Chinese technology firms. Concurrently, various Chinese tech companies are actively establishing AI teams in Silicon Valley, aiming to strengthen their presence in the competitive U.S. landscape. This trend is part of a broader movement, as a $100 billion AI fund from the Middle East also seeks to expand its operations in the United States.