The House Select Committee on the Chinese Communist Party (CCP) is opening investigations into several U.S. venture capital firms that it claims are funding China’s development of artificial intelligence (AI) and military modernization.
Committee Chairman Rep. Mike Gallagher (R-Wis.) and Rep. Raja Krishnamoorthi (D-Ill.), the panel’s ranking Democrat member, sent letters to the leaders of the four firms, demanding to know the extent of their dealings with the regime in Beijing, a person close to the committee told The Epoch Times.
