U.S. Treasury Secretary Scott Bessent said the U.S. could sanction Chinese open AI models over alleged IP theft, aimed at slowing China’s AI progress. The move expands the Trump administration’s pressure campaign beyond trade, potentially raising compliance and technology supply-chain risks for AI model providers. Likely a sector-level overhang for AI and cross-border tech partnerships.
U.S. Treasury Secretary Scott Bessent said the U.S. could sanction Chinese open AI models over alleged IP theft, aimed at slowing China’s AI progress. The move expands the Trump administration’s pressure campaign beyond trade, potentially raising compliance and technology supply-chain risks for AI model providers. Likely a sector-level overhang for AI and cross-border tech partnerships.
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