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In the News: Chinese Court Issues Landmark Ruling on AI-Generated Fake Content; CFIUS Blocks Record Number of Deals; and Hong Kong Stablecoin Fundraising
The first commercial AI application case in Zhejiang province defines legal limits on generative tools; CFIUS blocked more transactions last year than in previous years amid rising China tensions; and Fintech companies rush to raise equity for stablecoin activity in Hong Kong.
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Zhejiang Court Ruling on AI
The Hangzhou Intermediate People’s Court has delivered the first judgment in the province of Zhejiang involving the commercial application of artificial intelligence, marking a significant