Treasury Secretary Scott Bessent, On X, Says We Support Open-Source AI And The Innovation It Unlocks; But Open Source Is Not Open Season On American IP; When PRC Firms Conduct Covert, Industrial-scale Distillation Attacks That Cross The LINE Into IP Theft, Sanctions And Entity List Designations Will Be On The Table
https://x.com/SecScottBessent/status/2080008411790368895
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Why It Matters
The U.S. government likes open-source AI but will punish companies that steal American technology secrets, especially Chinese firms. When you see tech stocks, watch for news about which countries are stealing ideas—that affects how companies can do business and grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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