Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable

Treasury Secretary Scott Bessent warned the U.S. government could sanction Chinese AI companies after White House officials accused Moonshot of distilling Anthropic’s Fable model to develop Kimi K3.

The real AI race may no longer be at the frontier

Hugging Face CEO Clem Delangue says enterprises increasingly want open models, due to cost, accessibility, and ownership. Do frontier models still matter if most production AI ends up running on open models?