Anthropic has accused Alibaba and its Qwen AI lab of conducting the largest known distillation attack on its AI models, using about 25,000 fake accounts to perform 28.8 million exchanges with Anthropic's Claude models. Distillation is an AI training method where a smaller model is built from a more advanced one, which Anthropic claims Alibaba did illicitly to extract its AI capabilities. The accusation was detailed in a letter to the U.S. Senate, urging coordinated government and industry action to protect American AI leadership. Alibaba has not responded to the allegations, which come amid growing concerns over Chinese AI models challenging U.S. dominance in the field.
China's regulator has approved Apple Intelligence, Apple's generative AI service, for launch in China through a partnership integrating Alibaba's Qwen AI model into Apple’s operating systems. This collaboration enables AI features like text and image...
Alibaba confirmed that its Qwen AI model will be integrated into Apple's iOS, iPadOS, macOS, and visionOS services for users in China, leading to a 4% rise in its U.S.-listed shares in premarket trading. This integration allows users to access advanc...
Pomerantz LLP is investigating Alibaba Group for potential securities fraud and unlawful business practices following reports that Alibaba illicitly accessed AI technology and failed to prevent illegal pharmaceutical sales on its platform. These alle...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
In Q2 2026, Baird's Chautauqua International Growth Fund returned +10.39%, trailing the MSCI ACWI ex-U.S. Index's +14.49%. Key detractors included Alibaba and Lululemon, while Recruit and ASML contributed positively. The Global Growth Fund also lagge...
