Alibaba introduced Qwen3.8-27B, an AI model designed to run on consumer hardware like laptops, aiming to compete with Meta in the open-weight AI market. It also released the weights of its most powerful model, Qwen3.8 Max, allowing developers to freely download and use it. This move strengthens Alibaba's lead in open-source AI, with its models already surpassing Meta in downloads and developer use. The focus on on-device AI suggests a shift towards faster, more secure AI running locally rather than in data centers, positioning Alibaba as a strong global competitor.
Anthropic has uncovered and stopped large-scale unauthorized attempts by Chinese AI companies including Alibaba, Moonshot, and DeepSeek to use its advanced AI model Claude to train their own systems. These "illicit distillation" attacks involved rero...
JoyIn, a Chinese humanoid robotics startup backed by Ant, publicly accused OpenAI of copying key technical concepts and website design from its AI model, Aether. JoyIn's CEO Guo Renjie highlighted similarities in approaches like recursive self-improv...
In Q2 2026, the Baron Emerging Markets Fund gained 19.61%, underperforming its benchmark, the MSCI Emerging Markets Index, which rose 24.05%. Key contributors to the fund's performance included SK hynix, Taiwan Semiconductor, Samsung Electronics, Mon...
Anthropic revealed that Chinese AI companies Alibaba, Moonshot, and DeepSeek engaged in unauthorized "distillation" of its Claude AI models, using outputs from Claude to train their own AI systems without permission. The largest operation involved Al...
In the second quarter, the Harbor International Compounders ETF posted a 6.40% return. The biggest drag on performance came from the Information Technology sector, which surged due to a semiconductor rally, causing relative underperformance. Key detr...
