China's Ministry of Industry and Information Technology has identified a serious security back-door vulnerability in the U.S.-based AI coding tool Claude Code, which can send sensitive user data like location and identity to a remote server without consent. This warning comes amid rising U.S.-China tech tensions, following accusations by Anthropic, Claude Code's maker, that Chinese company Alibaba tried to extract its AI capabilities. Users of affected Claude Code versions from April to June are advised to uninstall or upgrade to the latest version. The issue highlights ongoing cybersecurity concerns in the global AI technology race.
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Alibaba Group is raising HK$80 billion through equity to significantly increase its investments in AI and cloud computing. Despite concerns about dilution and monetization risks, management expects faster returns and improved gross margins within 2-3...
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