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US Treasury Secretary Bessent says supports 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....n

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US Treasury Secretary Bessent warned of sanctions against PRC firms for AI IP theft via distillation attacks, creating significant regulatory risks for companies using Chinese models amid rising geopolitical tensions.

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....sanctions and Entity List designations will be on the table.

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