Skip to content
Back to Guavy Wire
Crypto

Sacks: Restricting Open-Source AI Won't Stop Chinese Tech Dominance

Share

David Sacks, former White House AI and crypto czar, has weighed in on the debate over open-source AI models. In a recent post on X, he argued that restricting such models would not prevent Chinese labs from developing similar technology.

Sacks cited the example of Harvey's new Tenet model, built on the open-source Kimi K3 base and trained with Fireworks AI. According to Sacks, this approach demonstrates how American companies can build high-performance tools at a fraction of the cost of proprietary models.

He noted that Kimi K3 is a massive 2.8 trillion-parameter model from Chinese startup Moonshot, which briefly outranked Anthropic's Claude Fable 5 in July. Sacks and investor Bill Ackman had earlier expressed concern over Kimi K3's benchmark rise at the time.

Harvey's Tenet model posted an 82% improvement in all-pass rate on the LAB legal benchmark and achieved state-of-the-art results on LAB Contracts, according to Harvey. The company plans to expand the system to more legal jurisdictions and practice areas.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc