The U.S.-China AI race continues to intensify amid signs that the Trump administration could sanction China over "theft," ...

Chinese open-weight models are gaining steam against leading offerings from American companies like OpenAI and Anthropic.

JOE KERNEN: Welcome back to "Squawk Box." Joining us now, Treasury Secretary Scott Bessent in studio. Glad to have you here, sir. SCOTT BESSENT: Joe, good to be with you this morning.

Iran's assets that have been frozen will be overseen once released by the U.S. Treasury, the department's secretary, Scott Bessent, said on CNBC's "Squawk Box." Bessent and Trump said the funds will ...