Bessent says US needs more open-source AI models to compete with China

Treasury Secretary Scott Bessent on Tuesday told lawmakers in Congress that the U.S. needs to foster open artificial intelligence (AI) models to compete with those made by Chinese firms.Bessent testified before the House Financial Services Committee about the economy and international finance, with AI emerging as a key topic of discussion.The Treasury secretary was asked about advances in AI and progress toward artificial general intelligence and noted Anthropic's Mythos model released earlier t