Lu Xiaomeng
@LuXiaomeng
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Technology and geopolitics @Eurasiagroup. Proud alumna of Renmin and @MIIS. Mom of Baby Evelyn.
Downtown, Washington
Joined June 2009
Its current investments in China include around 16 AI start-ups and 15 in the semiconductor industry, as well other tech areas. Intel Capital may be forced to divest from some companies once the US regulations take effect
ft.com
Silicon Valley chipmaker has invested in more than 40 Chinese start-ups while also receiving billions in US grants
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China and the US agree to talk about AI, but will anyone be listening? “It seems to be more about … reassuring both sides that the other doesn’t have some doomsday machine." https://t.co/207mbYB2lP
@pstAsiatech @LuXiaomeng @MartijnRasser @BonnieGlaser
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Wayfair launched a tool that uses the image-generation AI model Stable Diffusion to help customers reimagine their living spaces. But other executives suffer from “POC fatigue,” an ongoing frustration with continual proof of concepts that continue to fail.
wsj.com
Tech giants this week reported a marked increase in cloud revenue due to AI services. CIOs say that is mainly from exploratory efforts.
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Regulating AI Severely Limits Open-Source AI Some folks including Elon Musk hold the position that you should aggressively regulate AI while at the same time being pro open-source. Unfortunately, calling for aggressively and pre-maturely regulating AI will likely severely limit
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@douglasritz Why would China want to supply materials that could be incorporated into weapons systems that could be used against it? Even though the vast majority of the applications of the material are for civilian end uses. This is the same argument the US is making on advanced
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What will happen next? Reputational damage will cost the company its entire China revenue (3.3 billion in 2022). Sales offices in Shanghai and Shenzhen, factory in Xi’an face the risk of closure.
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China fails Micron's products in security review, bars some purchases https://t.co/62GFbGMjdg The shortest high-profile cyber review process ever - an indicator negotiation on curbing Micron’s DC China lobby efforts didn’t go far.
reuters.com
China's cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc had failed its network security review and it would bar operators of key infrastructure...
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“Several employees quit the company to set up their own and leaked the technologies to China via a Chinese broker. ” Will South Korea pass laws and rules to combat this type of technology transfer? Japan and Taiwan both did that.
ft.com
Seoul says US export controls have made Chinese companies more aggressive in acquiring expertise
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TSMC Seeks Up to $15 Billion From U.S. for Chip Plants but Objects to Conditions - WSJ
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The best analysis of the inner workings of Alibaba’s power structure in a long time: “The partners have the exclusive right to nominate a simple majority of Alibaba's board of directors. The partnership still exists today and is hard to challenge.”
asia.nikkei.com
Company's 'soft breakup' aims to boost flagging growth and draw line under feud with Beijing
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“Ma’s return jibes well with Beijing’s economic-recovery narrative,” says @LuXiaomeng . “But the party’s structural influence over the daily operation of companies entails long-term political risk.”
wsj.com
The billionaire’s trip home after a year away comes as Beijing winds down a tech crackdown that hit entrepreneurs’ confidence.
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Jack Ma’s return confirms the regulatory storm is over. But the Party’s structural influence over the daily operation of companies entails long-term political risk. Great piece from @shenlulushen @WSJ
wsj.com
The billionaire’s trip home after a year away comes as Beijing winds down a tech crackdown that hit entrepreneurs’ confidence.
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TikTok a potential target in upcoming US bill to ban some foreign tech - Senator https://t.co/xt4DCQFofU
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Canada joins the TikTok ban. Groupthink is hard to stop. https://t.co/F9Vxl9EHYo
foxbusiness.com
Canada says the TikTok app “will be automatically removed and blocked from use on all government-issued mobile devices” in the coming days, according to a report.
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“We’ve had a whack-a-mole approach on foreign technology that poses a national security risk,” Mr. Warner said in an interview…“We need an approach that is constitutionally defensible.” T”
nytimes.com
With budgets tight and political knives drawn, lawmakers seeking to capitalize on a bipartisan urgency to confront China are setting their sights on narrower measures.
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Tech war: South Korea on alert for technology leaks to China as US restrictions intensify
scmp.com
Seoul is on alert for tech leakage to China amid intensified efforts by the US to stymie Chinese chip development, in a subtle shift that could impact supply chain cooperation between the two Asian...
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Taiwan’s Tech King to Nancy Pelosi: U.S. Is in Over Its Head https://t.co/BVhLnukjv8 via @politico
politico.com
“Fifty billion dollars – well, that’s a good start,” quipped the 91-year-old Morris Chang, warning that Washington’s new bipartisan industrial policy may not add up.
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US investors poured billions into Chinese AI firms, taking part in US$40 billion in funding over 6 years Every company is an AI company... https://t.co/sIKjUftzBN
scmp.com
A report from CSET shows 167 US investors took part in 401 transactions, representing 37 per cent of funding to Chinese AI firms from 2015 to 2021.
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Moscow is equipping its fighter jets, submarines and soldiers with the help of Chinese companies, customs data shows https://t.co/ImBhU22RhI via @WSJ
wsj.com
Despite international sanctions, Chinese state-owned companies are shipping navigation equipment, jamming technology and jet-fighter parts to Russian government-owned companies, customs records show.
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