During an interview on CNBC's “Squawk Box” on September 28, 2026, Nvidia CEO Jensen Huang said AI model distillation is market competition rather than theft, adding that competition makes things better and that companies can shut off services if they do not want their products used. The interview also touched on Treasury Secretary Scott Bessent's July threat of sanctions and accusations by CISA and Anthropic against Chinese AI firms, which China has rejected.