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U.S. Treasury Secretary: If Chinese Companies Use Extraction Attacks to Steal Intellectual Property, Sanctions and Inclusion on the Entity List Will Be Considered
Svmuu News: Treasury Secretary Scott Bessent posted on X, stating that while he supports open-source AI and the innovation it brings, open-source should not be used as an excuse to flagrantly infringe upon U.S. intellectual property rights. If Chinese companies carry out covert, industrial-scale extraction attacks that cross the line into intellectual property theft, sanctions will be considered, and they will be added to the Entity List.
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