US Treasury Secretary: Will consider sanctions and entity list if Chinese companies steal intellectual property through distillation attacks

Odaily News: Treasury Secretary Scott Bessent stated on the X platform that he supports open-source AI and the innovation it brings, but open source is not an excuse for wantonly infringing upon US intellectual property. If Chinese companies engage in covert, industrial-scale distillation attacks that cross the line into intellectual property theft, he will consider imposing sanctions on them and adding them to the entity list.