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State-backed investors eye nation's top AI startups
China's powerful State-backed investors are piling into the country's top artificial intelligence startups, turning the efforts over large language models from a venture capital frenzy into a strategic national move over technological self-sufficiency.
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fortune.com
DeepSeek and China’s AI boom are increasingly powered by state money | Fortune
Government-linked investors in China went from backing fewer than 10 AI deals annually before 2018 to more than 140 in 2025, reshaping who controls the future of AI.
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global.chinadaily.com.cn
State-backed investors eye nation's top AI startups
China's powerful State-backed investors are piling into the country's top artificial intelligence startups, turning the efforts over large language models from a venture capital…
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scmp.com
China’s AI start-up funding triples in first quarter amid bets on LLMs, robotics
The fundraising boom follows years of state-led efforts to channel capital into strategic sectors such as chips, AI and manufacturing.