US chip export restrictions have put some Chinese venture investors off from backing generative artificial intelligence (AI) start-ups, an investor at the China arm of Silicon Valley-based BlueRun Ventures (BRV) said, as companies in the country race to create services similar to OpenAI’s ChatGPT.
AI development in China could be challenging in the short term, as US restrictions on the exports of advanced graphics processing units (GPUs) have “scared some people away”, Jui Tan, managing partner at BRV China, told the Post in an interview on Thursday.