ChatGPT spurs interest in Chinese AI firms

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Chinese venture capital firms have been uncharacteristically quiet about fundraising and capital deployment in recent months, and their U.S. investors even more so.

“Very few Western endowments or those types will admit that they invested in maybe like a SenseTime or something like that,” said a San Francisco-based venture capital expert, who asked not to be identified.

“First, I doubt that they invested in those companies directly. And then, two, I really think they would not admit it anyway, just because the sensitivities around surveillance and sort of all that stuff happening, et…

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