US blacklists Chinese venture firm over alleged ties to Google technology theft case

Published Tuesday, October 20, 2026 · 6:20 AM EDT

Washington has blacklisted a Chinese venture firm founded by former Microsoft AI scientist Lu Qi, Bloomberg reports. The action concerns alleged ties between the venture firm and a startup accused of stealing technology from Alphabet's Google.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.

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