Bessent Urges US to Expand Open-Source AI

Treasury Secretary Scott Bessent urged U.S. lawmakers to develop more open-source AI models to remain competitive with Chinese firms, which have utilized distillation techniques to replicate U.S. models. He emphasized that increasing open AI development can help prevent regulatory capture and hinder China's ability to copy U.S. technology. U.S. tech companies and the government have aimed to support open models and avoid restrictions that could impede innovation.

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