Open source AI is key to countering China, Bessent tells Congress

Treasury Secretary Scott Bessent testified to Congress that the U.S. needs to develop more open-source AI models to counter Chinese AI advancements, which often use distillation techniques to replicate U.S. closed-source models. He warned against regulatory capture by large AI labs and emphasized fostering open models to maintain U.S. competitiveness.

This Wire brief sits within Fusion42's coverage of AI & ML.