A class action lawsuit has been filed against Alibaba Group Holding Limited by investors who bought Alibaba securities between June 26, 2025, and June 24, 2026. The lawsuit alleges that Alibaba was included on a U.S. Department of Defense list of Chinese military companies due to its ties with the Chinese Ministry of Industry and Information Technology. Additionally, Bloomberg reported accusations that Alibaba illicitly accessed Anthropic's Claude AI model using fraudulent accounts. Following these events, Alibaba's stock fell 7.4%. Investors affected during this period are encouraged to join the lawsuit, with a lead plaintiff deadline of October 5, 2026.
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...
