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![rwang07 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::833295407182516224.png) Ray Wang [@rwang07](/creator/twitter/rwang07) on x 14K followers
Created: 2025-06-04 11:55:20 UTC

Report: US venture capital firms visit China to study its AI scene as DeepSeek rekindles interest

Joshua Kushner’s Thrive Capital and investment firm Capital Group have in recent months visited China to learn about its artificial intelligence (AI) industry, joining a growing number of US investors rekindling interest  in the country after DeepSeek’s advances stunned Silicon Valley.

Senior  people at Thrive met companies and funds in China to discuss AI, people  familiar with their visit to the country said. Kushner did not join the  delegation, one of the people said, asking to remain anonymous  discussing a private event.

At the same time, Capital Group – one  of the world’s largest funds – dispatched senior executives to China to  find out more about the AI scene, the people said.

The separate visits took place around the time Uber Technologies backer Benchmark Capital agreed to lead an investment in Butterfly Effect, creator of the up-and-coming AI service Manus that has Chinese-born founders.

US venture capital firms visit China to study its AI scene as DeepSeek rekindles interest


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[Post Link](https://x.com/rwang07/status/1930231897130500417)

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rwang07 Avatar Ray Wang @rwang07 on x 14K followers Created: 2025-06-04 11:55:20 UTC

Report: US venture capital firms visit China to study its AI scene as DeepSeek rekindles interest

Joshua Kushner’s Thrive Capital and investment firm Capital Group have in recent months visited China to learn about its artificial intelligence (AI) industry, joining a growing number of US investors rekindling interest in the country after DeepSeek’s advances stunned Silicon Valley.

Senior people at Thrive met companies and funds in China to discuss AI, people familiar with their visit to the country said. Kushner did not join the delegation, one of the people said, asking to remain anonymous discussing a private event.

At the same time, Capital Group – one of the world’s largest funds – dispatched senior executives to China to find out more about the AI scene, the people said.

The separate visits took place around the time Uber Technologies backer Benchmark Capital agreed to lead an investment in Butterfly Effect, creator of the up-and-coming AI service Manus that has Chinese-born founders.

US venture capital firms visit China to study its AI scene as DeepSeek rekindles interest

XXXXX engagements

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