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The hit landed before the bell. Andrew Ross Sorkin on CNBC walked viewers through a letter Anthropic sent to U.S. lawmakers accusing Alibaba (NYSE:BABA) of running what the AI lab called “the largest known distillation attack” on its Claude models to date. The mechanics, according to Anthropic, involved roughly 25,000 fraudulent accounts harvesting more than ... Anthropic Says Alibaba Used 25,000 Fake Accounts to Copy Its AI, and the Stock Is Already Sliding

The iShares China Large-Cap ETF (NYSEARCA:FXI) is the default way most U.S. investors play China’s AI trade. FXI holds the country’s biggest tech names, Alibaba, Tencent, Baidu, Meituan, and JD, which is exactly what investors want when they bet that China’s hyperscalers will mirror the U.S. AI capex cycle. The case for owning FXI has ... Forget FXI. The South Korea Fund Beating China’s AI Trade Charges 19% Less

AI chip rally powers gains as inflation data looms.

Alibaba touches a 16-month low as AI concerns, weak e-commerce data, and sector rotation pressure Chinese tech stocks.

Asian equities traded in the US as American depositary receipts were lower Thursday morning, declini

Anthropic reportedly flags illicit AI model access.

US equity futures were higher pre-bell Thursday as oil prices fell to their lowest since the start o

Alibaba Group Holding Limited (NYSE:BABA) has declined more than 30% year-to-date, but the street expects more than 78.29% upside from the current level. Alibaba Group Holding Limited (NYSE:BABA) also ranks among our list of Stocks Expected to Bounce Back According to Analysts. ​The stock has mainly declined largely due to mounting pressure from geopolitical risks […]

Asian stock markets largely joined the global tech rally Thursday, which was re-ignited late Wednesd

(Bloomberg) -- SK Hynix Inc.’s planned $29 billion US listing has arbitrage investors dissecting securities filings and peppering brokers with questions about a single unresolved issue: whether the Korean chipmaker’s American depository receipts can be freely exchanged for Seoul-listed shares, a feature that could determine whether price gaps persist between the two markets.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetGrand Ole Opry House Up For Sale b

South Korea’s SK Hynix plans to issue American depositary receipts on Nasdaq. The world’s second-largest ​memory-chip maker said it is looking to raise more than $29 billion, and expects trading to begin July 10.

In recent days, Alibaba Group has sued the U.S. Department of Defense to challenge its designation as a Chinese military-linked company, while also facing accusations from Anthropic that operators tied to its Qwen AI lab illicitly accessed Claude AI models through large-scale misuse of fake accounts. Together, these legal and AI-related controversies intensify regulatory and reputational pressure on Alibaba at a time when its cloud and artificial intelligence ambitions are central to its...

In a letter obtained by The Wall Street Journal, Anthropic alleged that Alibaba and its AI unit conducted “the largest known distillation attack” on the company to date.

(Bloomberg) -- Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of “illicitly” accessing its artificial intelligence model. Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapStocks Climb Late After Micron’s Blowout Outlook: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesGrand Ole Opry House

Anthropic has accused Chinese ecommerce giant Alibaba of obtaining illicit access to Claude by creating fake accounts designed to access the...

Anthropic has accused Chinese ecommerce giant Alibaba of obtaining illicit access to Claude by creating fake accounts designed to access the...

Anthropic alerted officials to what it said was illicit attempts by Alibaba to access Claude AI models.

Anthropic ‌accused Alibaba, ‌the Chinese ​technology and e-commerce giant, of ‌illicitly ⁠extracting its Claude ⁠AI model ​capabilities, ​calling it ​the ‌largest known distillation attack on the company ‌to ​date, ​according ​to ‌a letter seen ​by ​Reuters.

The offering would be one of the biggest share sales in history, comparable to Saudi Aramco’s 2019 initial public offering and surpassing Alibaba’s U.S. ADR offering in 2014. Micron Technology shares were up about 10% in aftermarket trading. The chip maker reported fiscal third-quarter results after the close that beat consensus revenue and earnings estimates.

Investing.com -- Alibaba Group (NYSE:BABA) shares slid 3% on Wednesday following reports that AI startup Anthropic has accused the Chinese tech giant of illicitly scraping its Claude AI models. According to a letter sent by Anthropic to US senators and White House officials, operators linked to Alibaba’s Qwen AI lab launched a massive, coordinated campaign to bypass restrictions using thousands of fraudulent accounts. Anthropic characterized the incident as the largest known attempt by a Chinese

The AI memory leader may move closer to New York trading after a more than 300% stock rally.

We recently published David Tepper Stock Portfolio: 10 Long-Term Stock Picks. Alibaba Group Holding Limited (NYSE:BABA) is one of the long-term stock picks. Chinese technology conglomerate Alibaba Group Holding Limited (NYSE:BABA)’s shares are down by 7% over the past year and by 32% year-to-date. It first appeared in Appaloosa’s 13F holdings in the third quarter […]

The Chinese tech giant Alibaba has sued the U.S. Department of Defense, demanding that it be removed from the Pentagon's list of Chinese military companies that prohibits them from landing U.S. defense contracts and carries reputational damage. In the petition filed this week in the San Jose division of the U.S. District Court in the Northern District of California, Alibaba, which is publicly traded on the New York Stock Exchange, argued that the designation, announced on June 8, has “no basis in fact or law" and that the Pentagon failed to reach its conclusion through any fair process. It is the latest lawsuit by a Chinese company against the Pentagon over such national security labels.

The Chinese e-commerce giant says the Pentagon's designation has no basis in fact or law.

The e-commerce and cloud giant called its designation "arbitrary and capricious" and says the label has already cost it business partners

Dayuan launches to select WeCom users, offering AI-powered analysis of chats, emails, and calendars.

A July 10 Nasdaq ADR listing would surpass Alibaba's 2014 record

U.S.-listed Alibaba stock fell early Wednesday toward a new 52-week low, with shares down more than 30% year-to-date.

The South Korean memory chipmaker plans to issue 17.79 million new shares, with trading expected to begin July 10

<body><p>STORY: :: SK Hynix</p><p>SK Hynix plans to raise up to $29.43 billion via the listing of American Depositary Receipts, the South Korean chipmaker said on Wednesday.</p><p>The move comes as the company seeks to expand its investor base and production capacity for chips used in artificial intelligence.</p><p>The world's second-largest memory chipmaker plans to issue 17.79 million new shares to back a listing of ADRs on the Nasdaq market on July 10, it said.</p><p>Proceeds will be used to build a chip factory, an advanced packaging fab and purchase&nbsp;equipment.</p><p>The company said 10 ADRs will be equivalent to one common share.</p><p>If completed at the top end of the indicated price range, the deal would become the largest-ever ADR offering.</p><p>:: SK Hynix</p><p>It would surpass the $21.8 billion raised by Chinese e-commerce giant Alibaba in 2014.</p><p>SK Hynix is a dominant supplier of high-bandwidth memory chips used in AI systems for customers such as Nvidia and Alphabet's Google.</p><p>it's one of the biggest beneficiaries of the global AI boom, becoming South Korea's most valuable company on Monday, overtaking Samsung Electronics.</p></body>