Anthropic has accused Alibaba of conducting the largest known distillation attack on its Claude AI models, using about 25,000 fraudulent accounts to harvest over 28.8 million interactions between April and June 2026. This allegation, sent to U.S. Senators Elizabeth Warren and Tim Scott, elevates the issue from a private dispute to a national security concern amid rising U.S.-China AI tensions. Alibaba's shares fell sharply following the news, adding to a year-long decline amid ongoing regulatory and financial pressures. Investors will watch for Alibaba's response, potential Senate hearings, and Anthropic's evidence to gauge future risks to Alibaba's AI business and valuation.
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...
