Daily Market Updates: Bessent warns U.S. may sanction China over AI model 'theft'

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Bessent warns U.S. may sanction China over AI model 'theft'

CNBC says the remarks come as Chinese open-weight AI models gain share against US offerings from OpenAI and Anthropic.

Reported · Written up by our desk · Trade & Tariffs

CNBC reports that U.S. Treasury Secretary nominee Scott Bessent said the United States could consider sanctions against China over alleged AI model theft.

The remarks point to growing competition from Chinese open-weight AI models, which are increasingly seen as challenging leading US offerings.

According to CNBC, the trend is pushing comparisons between Chinese models and products from American companies including OpenAI and Anthropic.

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CNBC MarketsBessent says U.S. could sanction China over AI model 'theft'

CNBC WorldBessent says U.S. could sanction China over AI model 'theft'

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Bessent warns U.S. may sanction China over AI model 'theft'

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