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The White House said China had targeted US artificial intelligence (AI) technology for theft. It said advanced US AI systems faced the risk of proprietary information being extracted through proxy accounts and jailbreaking techniques. The US administration said it was reviewing information-sharing with US AI companies and accountability measures to respond to industrial-scale technology theft…

The US raised allegations of technology theft, taking issue with China’s attempt to improperly secure core AI-related technologies. The allegations came as US-China competition over advanced semiconductors and AI intensifies. Market participants are watching the impact of the US-China technology rivalry on the broader semiconductor and AI industries and the possibility of additional sanctions. Forecast…