China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating tensions with the U.S., according to Peak XV Partners, formerly Sequoia Capital India and Southeast Asia.

“The China Plus One strategy, in terms of sourcing and so on, is definitely benefiting places like India, Southeast Asia,” said Shailendra Singh, managing director of Peak XV Partners, one of Asia’s biggest venture capital firms with $9 billion of assets under management.

“In the very long term, if you take a 10, 20, 30-year view, if you assume that geopolitics will find some new normal, China is going to be a huge economy, and good businesses will be built in China,” Singh told CNBC’s Tanvir Gill.

Last year, Sequoia split into three independent geographic units – Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia and HongShan in China. The move came amid increasingly strained relations between Washington and Beijing.

Peak XV has invested in over 400 companies in the technology, software, financial services and consumer space. They include fintech firm Pine Labs, Singapore-based online retailer Carousell, Indonesian ride-hailing giant Gojek as well as Indian edtechs Byju’s and Unacademy.

For years, China has been Asia’s technology and innovation powerhouse, being home to tech juggernauts including Alibaba Group and Tencent. It has also gained the title of being the world’s factory, producing low-cost consumer goods as well as most of the world’s iPhones and electric vehicles.

However, firms such as Apple and BMW have been diversifying their supply chains away from China amid geopolitical concerns. Apple now reportedly makes around 1 in 7, or 14%, of its iPhones in India, after stringent Covid controls in China disrupted its operations there.

While India and Southeast Asian countries have been benefiting from such diversification efforts as companies set up operations elsewhere, China will still be an important market, said Singh.

“All of us around the world, while India or Southeast Asia might benefit in the short term, should really be thinking about how would we work well with China in the long term,” said Singh.

David Roche, president and global strategist at Independent Strategy, said in March that India won’t replace China in global trade as the Chinese model was “based on achieving global market share” while the Indian model is “about domestic market development.”

“India will continue to make progress but it will a slow and steady progress, and not at all similar to the Chinese model,” said Roche.

Instagram co-founder Mike Krieger will join artificial intelligence firm Anthropic as chief product officer, the company announced Wednesday.

Krieger, the former chief technology officer of Meta-owned Instagram, grew the platform to 1 billion users and increased its engineering team to more than 450 people during his time there, per a release. He and Instagram’s other co-founder, Kevin Systrom, most recently built the personalized news app Artifact and sold it to Yahoo.

Around this time last year, Anthropic had only rolled out the first version of its chatbot without any consumer access or major fanfare. Now, it’s one of the hottest AI startups, with a product that directly competes with OpenAI’s ChatGPT in both the enterprise and consumer worlds. Krieger’s hiring is likely meant to further that competition.

The generative AI startup is the company behind Claude, one of the chatbots that, like OpenAI’s ChatGPT and Google‘s Gemini, has rocketed in popularity in the past year.

“Mike will oversee Anthropic’s product engineering, product management, and product design efforts as we work to expand our suite of enterprise applications and bring Claude to a wider audience,” Anthropic said in a release.

News of Krieger’s hiring follows Anthropic’s debut of its first enterprise offering and iOS app earlier this month. And in March, Anthropic announced Claude 3, a suite of AI models that it says are its fastest and most powerful yet.

Anthropic was founded by ex-OpenAI research executives, and its backers include Google, Salesforce and Amazon. It’s closed five different funding deals totaling about $7.3 billion in the past year.

Krieger will lead Anthropic’s latest initiatives.

The company’s new plan for businesses, dubbed Team, has been in development over the last few quarters and involved beta-testing with between 30 and 50 customers across various industries, such as technology, financial services, legal services and health care, Anthropic co-founder Daniela Amodei told CNBC in an interview earlier this month.

Anthropic’s first iOS app is free for users across all plans and also debuted this month. It provides syncing with web chats and the ability to upload photos and files from a smartphone. There are plans to launch an Android app, too.

The generative AI field has exploded over the past year, with a record $29.1 billion invested across nearly 700 deals in 2023, a more than 260% increase in deal value from a year earlier, according to PitchBook. It’s become the buzziest phrase on corporate earnings calls quarter after quarter.

Academics and ethicists have voiced significant concerns about the technology’s tendency to propagate bias. But even so, it’s quickly made its way into schools, online travel, the medical industry, online advertising and more.

The collapse of Baltimore’s Francis Scott Key Bridge earlier this year and an I-95 overpass in Philadelphia last June weren’t triggered by structural flaws — a runaway, powerless ocean ship and tanker fire were the culprits. But the disasters were the latest examples of an issue seen across the U.S.: trillions of dollars worth of critical — and vulnerable — bridges, roads, dams, factories, plants and machinery that are rapidly aging and in need of repair.

Significant sums of money are being spent to fix the issues, some coming from President Biden’s Infrastructure Act and other legislation, but the way infrastructure is maintained has largely not changed, mostly done slowly by humans or after a significant issue arises like a leak or collapse.

Gecko Robotics, which ranked No. 42 on the 2024 CNBC Disruptor 50 list, is taking on the nationwide challenge with AI and robots, specifically, its wall-climbing bots that perform inspections on infrastructure and not only identify existing issues but also to try to predict what can be done to avoid future problems.

“When you think about the built world, a lot of concrete, a lot of metal that is, especially in the U.S., 60 to 70 years old; we as a country have a D rating for infrastructure and getting that up to a B is a $4 trillion to $6 trillion problem,” Gecko Robotics CEO Jake Loosararian told CNBC’s Julia Boorstin. “A lot of that is understanding what to fix and then targeting those repairs, and then also ensuring that they don’t continue to make the same mistakes.”

Gecko Robotics’ technology is already being used to monitor “500,000 of the world’s most critical assets,” Loosararian said, which range from oil and gas facilities and pipelines to boilers and tanks at manufacturing facilities.

A focus on military hardware, from subs to aircraft carriers

Gecko robots are increasingly being utilized by the U.S. military. In 2022, the U.S. Air Force awarded Gecko Robotics a contract to help it with the conversion of missile silos. Last year, the U.S. Navy tapped the company to help modernize the manufacturing process of its Columbia-class nuclear submarine program, using Gecko’s robots to conduct inspections of welds.

Gecko Robotics is also working with the Navy to inspect aircraft carriers, which Loosararian demonstrated on CNBC via a demo on the USS Intrepid, a decommissioned aircraft carrier that now serves as a museum in New York City.

He compared the analysis that Gecko Robotics is doing on infrastructure to a CAT scan of a human body, while also creating a digital twin of the scanned object.

Those inspections historically are done by workers, collecting thousands of readings across an aircraft carrier. Gecko Robotics technology can collect upwards of 20 million data points in a tenth of the time, Loosararian said.

“There’s human error, and if you’re hanging off the side of a ship, it’s pretty dangerous too,” he said.

There are also issues related to the timeliness of military hardware construction and readiness of defense assets in an unpredictable world of global threats. For example, Loosararian said China is building ships 232 times faster than the U.S. is, a function of the sheer amount of shipbuilding capacity that China now has in comparison.

“A third of our naval vessels are in drydock right now, and you want them out of drydock or not even in a maintenance cycle,” Loosararian said. “What we’re doing with Lidar and ultrasonic sensors is a health scan, seeing what the damages are and how to fix them, because what we’re trying to do is get these ships from drydock out to the seas patrolling as fast as possible.”

The digital twins being created by Gecko robots also help with the building of future projects, saving not only time but resources and capital.

“It’s not just about how things work day-to-day but also how do you build smarter things,” Loosararian said.” If we can understand what fails in the real world, then we can figure out how to build smarter things in the future.”