https://www.live-feeds.com/feed/bessent-says-us-needs-more-open-source-ai-models-to-compete-with-chinaContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bessent-says-us-needs-more-open-source-ai-models-to-compete-with-chinahttps://www.live-feeds.com/feed/bessent-says-us-needs-more-open-source-ai-models-to-compete-with-china#u72297Thu, 17 Sep 2026 06:30:31 +0000Treasury Secretary Scott Bessent is pushing for more open-source AI models to ensure the U.S. remains competitive against China, warning that nothing else would matter if China wins the AI race. While defending the Trump administration's safety stance, Bessent told lawmakers he has not seen any AI regulation he would support. He argues that the most effective safety system is holding AI creators liable for the outcomes of what they build and generate, cautioning Congress against giving AI companies what they want.Why it mattersThe U.S. is currently balancing the need for rapid AI innovati