U.S. Treasury Secretary Scott Bessent has “the ability to sanction,” and he is not afraid to use it. In an interview with Fox Business on Tuesday, Trump’s Treasury chief said that Chinese open-source ...

Treasury Secretary Scott Bessent said the U.S. could sanction Chinese open AI models over alleged IP theft, expanding the Trump administration's campaign to slow China's AI advances.

The Trump administration is considering sanctions against Chinese AI developers over alleged model distillation, escalating U.S.-China tensions over AI and intellectual property.

The White House has accused one of China’s top AI companies of stealing American technology amid concerns the US is losing its lead in the AI race.

Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.

U.S. Treasury Secretary Scott Bessent said today that the White House is going to examine some of the highest profile “open-weight” models from China to see if their creators have stolen the ...

Treasury Secretary Scott Bessent warned Tuesday the Trump administration could sanction China over intellectual property (IP) theft amid concerns about whether Beijing is relying on American AI to ...

Pakistan, July 27 -- China has accused the United States of pursuing "AI hegemonism" after Washington warned Chinese artificial intelligence firms could face investigations and restrictions. Beijing ...

Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic's Fable model to develop Kimi K3.

BEIJING, July 24 (Reuters) - U.S. threats to sanction Chinese AI developers over alleged intellectual property theft and ⁠export-control ⁠violations risk unravelling efforts to establish a bilateral ...

China condemns US threats of AI sanctions US alleges Moonshot copied AI technology Beijing warns of countermeasures if curbs ...

Add Yahoo as a preferred source to see more of our stories on Google. The unveiling of Kimi K3, an open-source AI model developed by Chinese company Moonshot, rattled stock markets - Long Wei/VCG via ...