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

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Treasury Secretary Scott Bessent warned of potential U.S. sanctions against Chinese AI companies, per TechCrunch. The warning came after White House officials accused Moonshot of distilling Anthropic's Fable model to develop Kimi K3.

Source: https://techcrunch.com/2026/07/22/treasury-threatens-sanc...

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