Experts say Chinese investors would be wary of backing AI startups building foundation models; PitchBook: in Q1, AI/ML VC funding in China fell 30% YoY to $1.2B (Rest of World)

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Rest of World:
Experts say Chinese investors would be wary of backing AI startups building foundation models; PitchBook: in Q1, AI/ML VC funding in China fell 30% YoY to $1.2B  —  Investors believe practical AI applications will fuel the next wave of growth, with startups building on top of DeepSeek's foundation.

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