Nvidia, Meta, and Microsoft Tell Washington: Don't Kill Open-Source AI

Here is the latest from the digital-asset markets: In brief Nvidia, Meta, Microsoft, Andreessen Horowitz, Hugging Face, IBM, and 19 other companies published a letter Friday titled "Open Weights and American AI Leadership," warning against restrictions on open models. OpenAI and Anthropic did not sign.

The letter follows a week in which OpenAI's own AI agents attacked Hugging Face, which then had to use a Chinese open-weight model to defend itself after American closed models refused to cooperate. Trump administration officials have reportedly considered banning Chinese open-weight models, while OpenAI's Dean Ball has called an open-source-dominated AI future a "dystopian hellscape.

Crypto markets are watching this development closely as investors weigh its potential impact on prices.