Treasury Secretary says its 'unacceptable' that Chinese open source AI models may have been built on 'IP theft'

Source: Business Insider

Treasury Secretary Scott BessentFinn Gomez/Getty ImagesTreasury Secretary Scott Bessent said the US could impose sanctions on Chinese AI companies. Bessent said the US is probing whether Chinese companies "stole" intellectual property from their US competitors. Bessent said the Trump administration is not opposed to open source models but will protect AI IP.