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As Trump and Xi meet, investors play both sides of AI divide
Wall Street banks underwrote 19 Chinese tech deals worth $17.2 billion this year as investors keep cross-border ties despite rising U.S.-China tensions.
Sept 22 (Reuters) - As China and the US race to build separate AI supply chains, investors are playing both sides, with US banks fundraising for AI upstarts in China and Chinese money flowing to US tech. The stakes are sizable, with Wall Street banks a...