The venture capital arm of Qualcomm faces uncertainty as the U.S. tightens controls over tech investments in China.
Quinn Li, Global Head of Qualcomm Ventures, participating in the Growth Summit stage during Collision 2018 held in New Orleans, May 3, 2018. Credit: Diarmuid Greene/Collision/Sportsfile via Flickr
Venture capital firms that once saw China as a land of opportunity must now see it as a land of risk, after the Biden administration last month announced a long-anticipated set of outbound investment restrictions that target Chinese companies developing cutting-edge artificial intelligence (AI) products and services.
For a firm like Qualcomm Ventures, the venture capital arm of chip design giant Qualcomm, the announcement is not the first sign that it’s no longer business as usual in
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