Over the past several years, China has been encouraging businesses owned by its government or with close government ties to invest in American companies building artificial intelligence and robotics technology, not only for the gains the country hopes to make in its own commercial economy, but also
for potential military applications.
An article on March 23 about Chinese firms» investments in United States companies specializing in technology with
potential military applications referred incorrectly to entities that invested $ 9.9 billion in Silicon Valley tech start - ups in 2015.
Perhaps even more troublesome is a Reuters report indicating that Chinese firms have been «skirting U.S. oversight and gaining access to sensitive U.S. AI technology with
potential military applications by buying stakes in U.S. firms.»
Currently CFIUS reviews only transactions that give foreign parties majority control of a US company that develops, sells or licenses advanced technologies
with potential military applications.
The United States is also concerned about China's ability to acquire technologies with
potential military applications.
President Donald Trump blocked a Chinese - backed private equity firm from buying a U.S. chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose deals that involve technologies with
potential military applications.
«Artificial intelligence is one of many leading - edge technologies that China seeks and that has
potential military applications,» said the Cornyn aide, who declined to be identified.
It warns that
the potential military applications of neuroscience breakthroughs need to be regulated more closely.
Revised travel rules ease visits to Cuba for U.S. scientists, and the U.S. Commerce Department now allows scientific equipment to be freely donated to Cuba, as long as it does not have
potential military applications.