安全和新兴技术中心：2023年美国对中国人工智能公司的对外投资政策简报（英文版）（68页）.pdf

1、Policy BriefFebruary 2023U.S.Outbound Investment into Chinese AI CompaniesAuthorsEmily S.Weinstein Ngor Luong Center for Security and Emerging Technology|1 Executive Summary Policymakers in the United States and abroad are increasingly concerned about the national security implications associated wi

2、th outbound investment,and some in Washington are advocating for a potential outbound investment security review or regime to address the national security risks associated with outgoing U.S.capital.This policy brief analyzes data from Crunchbase on U.S.outbound investment into Chinese artificial in

3、telligence companies between 2015 and 2021 to better understand the scope and nature of these transactions.This report aims to identify:1)the main U.S.investors active in the Chinese AI market,and 2)the set of AI companies in China that benefitted from U.S.capital during this period.It also lays out

4、 potential implications and next steps for U.S.policy.Our key findings include the following:Chinese investors remain the dominant investors in Chinese AI companies.Between 2015 and 2021,at least 71 percent of the transaction value and 92 percent of the investment transactions with no U.S.participat

5、ion came from Chinese investors alone.Based on available data in Crunchbase,between 2015 and 2021,167 U.S.investors participated in 401 investment transactionsor 17 percent of 2,299 global investment transactionsinto Chinese AI companies.Collectively,observed transactions involving U.S.investors tot

6、aled$40.2 billion invested into 251 Chinese AI companies,which accounts for 37 percent of the$110 billion raised by all Chinese AI companies.However,we do not know the exact portion of the$40.2 billion that came from U.S.investors.Ninety-one percent of the observed U.S.investment transactions into C