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News 2026-07-22 18:53 UTC

Bessent Wants Chinese AI Sanctioned, But Jensen Huang Says Distillation Is Learning

Nvidia Corp. (NASDAQ: NVDA ) CEO Jensen Huang says American companies should “absolutely” use Chinese AI models. The White House disagrees: within hours of his comments, it accused Moonshot AI of stealing from Anthropic and accessing export-restricted Nvidia chips to build Kimi K3. The pressure started Tuesday, when Tr