TechJensen Huang calls AI distillation ‘competition’; Scott Bessent calls it ‘theft’
Nvidia CEO Jensen Huang said AI model distillation should be viewed as “competition,” while U.S. Treasury Secretary Scott Bessent has described it as “theft.”

United States Secretary of the Treasury
United States Secretary of the Treasury (2025–)
| Born | 1962-08-21 · Conway, South Carolina |
|---|---|
| Party | Republican |
| Offices |
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| Education | Yale University (BA) |
Portrait: United States Department of the Treasury · Public domain · Wikimedia Commons
What this person said on the record, as reported, newest first.

Nvidia CEO Jensen Huang said AI model distillation should be viewed as “competition,” while U.S. Treasury Secretary Scott Bessent has described it as “theft.”
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CNBC

Treasury Secretary Scott Bessent said Federal Reserve policymakers should remain open-minded about interest rates, arguing that productivity gains from artificial intelligence and deregulation will help keep US inflation under control.
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Bloomberg News

Treasury Secretary Scott Bessent discusses the condition of Iran’s economy and the strength and resilience of the U.S. economy.
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Fox News

Treasury Secretary Scott Bessent said his latest meeting with Japanese Finance Minister Satsuki Katayama included a discussion about the “desirability” of a strong yen.
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Bloomberg News

Treasury Secretary Scott Bessent said the US and China agreed to prolong their trade-war truce by two months while continuing efforts toward a potentially broader accommodation between the world’s two largest economies.
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Bloomberg News

Scott Bessent said the U.S.-China trade truce will be extended to Jan. 10, beyond its planned November expiration. He said the extension reflects the need for Beijing to complete additional deliverables as Xi Jinping begins a state visit.
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CNBC

Scott Bessent, the U.S. Treasury secretary, said Wednesday that the United States and China had reached an accord to maintain the “Busan agreement” until January.
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Reuters

Treasury Secretary Scott Bessent said the United States and China agreed to extend their trade truce through Jan. 10. The arrangement had been scheduled to expire in November.
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NBC News

Treasury Secretary Scott Bessent discusses US-China relations as Chinese President Xi Jinping arrives in Washington, along with artificial intelligence and Iran.
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Fox News
Reports that mention this person, by story.
Nvidia CEO Jensen Huang said AI model distillation should be viewed as “competition,” while U.S. Treasury Secretary Scott Bessent has described it as “theft.”

Treasury Secretary Scott Bessent said the US and China agreed to prolong their trade-war truce by two months while continuing efforts toward a potentially broader accommodation between the world’s two largest economies.