US Scrutinizes Benchmark Investment in Chinese AI Firm, Raising Concerns About Cross-Border Funding

The US government is raising eyebrows over a significant investment made by the venture capital firm Benchmark in a Chinese AI startup called Manus AI. This scrutiny highlights the escalating tensions between supporting innovation and addressing national security concerns regarding technology investments from China. 2023 restrictions imposed by the US Treasury Department are impacting cross-border funding, with particular focus on companies involved in sensitive areas like AI technologies.