US Treasury Chief Threatens Sanctions on Chinese AI Labs Over ‘IP Theft’ Concerns - Gizmodo

U.S. Treasury Secretary Scott Bessent said in an interview that Chinese open-source AI models should expect increased scrutiny, and that the administration is looking into whether they stole intellectual property. Bessent's comments include a threat of sanctions against Chinese AI labs, as reported by Gizmodo.

The Treasury chief specifically referenced open-source models, suggesting that they will face additional regulatory oversight. The statement indicated that the administration is investigating potential IP theft by Chinese entities. Bessent did not provide specific evidence or name particular labs in his remarks, according to the report. He stated that the scrutiny and investigation are part of broader efforts to protect US intellectual property.

The increased scrutiny could lead to restrictions on the distribution of Chinese open-source models. The investigation into IP theft is ongoing, and no immediate actions were announced. The administration has not detailed the scope of potential sanctions, but the remarks signal a tougher stance on Chinese AI activities.