As most non US/China governments start to realize AI is going to be largely dominated by firms from the Lands of the Eagle and Dragon, they’re going to put up barriers to foreign firms operating AI supply chain biz in their countries. Response will be a raft of joint ventures.

As most non US/China governments start to realize AI is going to be largely dominated by firms from the Lands of the Eagle and Dragon, they’re going to put up barriers to foreign firms operating AI supply chain biz in their countries. Response will be a raft of joint ventures.

The US and China already have a disproportionate amount of capital and all the major AI labs/stack. They’ll be best positioned to take stakes in foreign firms as long as they don’t trigger the domestic restrictions. So that could be stakes of 49%, 24% or just 9%.