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Nov 16, 2017

China and the CIA Are Competing to Fund Silicon Valley’s AI Startups

Posted by in category: robotics/AI

The U.S. intelligence community is upping its early-stage investments in machine-learning companies — but Beijing is pouring in far more.

A trio of new investments in Silicon Valley machine-learning startups shows that the U.S. intelligence community is deeply interested in artificial intelligence. But China is investing even more in these kinds of U.S. companies, and that has experts and intelligence officials worried.

Founded to foster new technology for spies, the 17-year-old In-Q-Tel has also helped boost commercial products. (Its investment in a little company called Keyhole helped produce Google Maps.) Compared to a venture capitalist firm whose early-stage investments are intended to make some money and get out, the nonprofit’s angle is longer term, less venture, more strategic, according to Charlie Greenbacker, In-Q-Tel’s technical product leader in artificial intelligence, machine learning, natural language processing, analytics, and data science.

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