YC CEO Garry Tan Chooses Inaction on Chinese Companies Distilling Cutting-Edge Models
Y Combinator CEO Garry Tan stated at the YC annual Demo Day that he has chosen not to take action regarding the behavior of Chinese companies (such as DeepSeek, Moonshot AI, MiniMax, etc.) distilling OpenAI and Anthropic models. He suggested that regulators focus on maintaining a commercial balance between open-weight models and cutting-edge models. Tan holds a reserved view on the AI doomsday narrative, believing that cybersecurity is the most pressing risk at present, while the employment shocks and economic transformations triggered by AI will take decades to truly impact society.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

GSR executive highlights growth potential in South Korea's crypto market

$295 million in user assets stolen, Drift Foundation launches DFX claims and redemptions

Shinhan Investment Corp Emphasizes Similarities Between Tokenization Market and Early ETFs

Base Completes Cobalt Upgrade, Introduces Conditional Trading for Tokenized Assets and Issuer Control Tools

Evernorth to Trade on Nasdaq Under XRPN Code

Fed Governor Anticipates More Rate Hikes Due to Inflation

Hut 8 secures $1 billion credit line, faces 40% liquidity rules

Fed Vice Chair Bowman Warns of Increased Cyber Threats to Banks Due to AI Proliferation

WalletConnect Pay Supports USDT on TRON

ESMA prioritizes tokenization in its 2027 work plan

Michael Saylor Suggests Banks Custody BTC and Provide Loans

Walsh Pushes for Federal Reserve Reform as Balance Sheet Reduction Progresses Slowly

Galaxy Adds 100 Million of Sky's sUSDS to Treasury

Sequans Sells All 314 Bitcoins, Exits Reserve Strategy

Chainalysis: Brazil Tops 2026 Global Crypto Adoption Index, with the US and Nigeria in Second and Third Place

Trust in Stablecoins: The Key to Maintaining Fixed Prices

Tim Draper Criticizes Apple and Meta for Lack of Bitcoin

U.S. Banks Face $326.7 Billion in Unrealized Losses

Bitcoin Lightning flaw in Eclair could allow fund loss to miners

Huang Yiping: AI May Deepen China's Supply-Demand Imbalance

DAWN Launches Bytes Rewards Program, First Season Lasts 13 Weeks

Coinbase Supports Local Banks in Providing Cryptocurrency Trading Services

H100 Group CEO Acquires 407,000 Shares, Holding 3,506 BTC

Arthur Hayes predicts rising financial assets despite Fed rate hike

Haun Ventures Partner Says AI and Stablecoins Will Create New Insurance Giants

Zuckerberg Rejects AI Slowdown Calls, Advocates for Independent Safety Measures

Pan Gongsheng: Direct Financing Will Exceed Loans by 2025

Senator Lummis: Bitcoin Could Rise if the CLARITY Act Becomes Law

Federal Reserve Pauses U.S. Treasury Purchases for Second Consecutive Month










