The Hillhouse China Value Fund is part of the Hillhouse Capital Group, an investment powerhouse run by Chinese businessman Zhang Lei. Zhang sits on Shanghai's Artificial Intelligence Strategy Expert Advisory Board. Zhang was listed as a member of the China-United States Exchange Foundation, an organization tied to the Chinese government's overseas influence operations.<ref>https://jamestown.org/program/the-china-u-s-exchange-foundation-and-united-front-lobbying-laundering-in-american-politics/</ref> Zhang and Hillhouse group also bankrolled the Gaoling School of Artificial Intelligence at the government-run Renmin University, according to the school's website. The Chinese government has set a goal of becoming the global leader in artificial intelligence by 2030, prompting concern from U.S. national security experts who say it is using the technology for militarization and exerting totalitarian-like control over dissidents and domestic minority groups. | The Hillhouse China Value Fund is part of the Hillhouse Capital Group, an investment powerhouse run by Chinese businessman Zhang Lei. Zhang sits on Shanghai's Artificial Intelligence Strategy Expert Advisory Board. Zhang was listed as a member of the China-United States Exchange Foundation, an organization tied to the Chinese government's overseas influence operations.<ref>https://jamestown.org/program/the-china-u-s-exchange-foundation-and-united-front-lobbying-laundering-in-american-politics/</ref> Zhang and Hillhouse group also bankrolled the Gaoling School of Artificial Intelligence at the government-run Renmin University, according to the school's website. The Chinese government has set a goal of becoming the global leader in artificial intelligence by 2030, prompting concern from U.S. national security experts who say it is using the technology for militarization and exerting totalitarian-like control over dissidents and domestic minority groups. |