Treasury Secretary Calls Chinese AI IP Theft 'Unacceptable'
The Treasury Secretary expressed that it is "unacceptable" for Chinese open-source AI models to potentially be built on intellectual property theft. This statement raises concerns about fair competition and IP protection in the AI industry.
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Treasury Secretary says its 'unacceptable' that Chinese open source AI models may have been built on 'IP theft'
Treasury Secretary Scott Bessent Finn Gomez/Getty Images Treasury 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. The Trump administration is signaling that it may clamp down on Chinese open-source AI models that are the talk of the industry. On ...
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