The US has placed sanctions on Shanghai Zhisuan Technology and MiraclePlus following a significant AI theft case. This action was prompted by Ding Linwei’s conviction for stealing vital AI trade secrets from Google, where he transferred over 2,000 confidential documents. MiraclePlus, which had financed Zhisuan’s startup efforts, was co-founded by Lu Qi, a former head of Y Combinator’s China division. The US has placed sanctions on Shanghai Zhisuan Technology and MiraclePlus following a significant AI theft case. This action was prompted by Ding Linwei’s conviction for stealing vital AI trade secrets from Google, where he transferred over 2,000 confidential documents. MiraclePlus, which had financed Zhisuan’s startup efforts, was co-founded by Lu Qi, a former head of Y Combinator’s China division.
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