Bessent warns China could face sanctions over AI IP theft Treasury Secretary Scott Bessent warned Tuesday the Trump administration could sanction China over intellectual property theft amid concerns Beijing is relying on American AI to develop its own advanced models. Bessent cited threats from open-source models to U.S. large language models. Treasury Secretary Scott Bessent warned Tuesday the Trump administration could sanction China over intellectual property IP theft amid concerns about whether Beijing is relying on American AI to develop its own advanced models. “We’ve seen a lot of talk about you know open-source models coming and threatening the large language models in the U.S.” Bessent…