Pomerantz LLP is investigating claims against Alibaba Group Holding Limited regarding possible securities fraud linked to accusations that Alibaba illicitly accessed Anthropic's AI model, Claude, via fake accounts. The allegations, reported by the Financial Times, caused Alibaba's ADR price to drop over 7% in two trading sessions. The investigation aims to determine if Alibaba and its officers engaged in unlawful business practices, potentially impacting investor confidence and stock value. Investors affected are encouraged to contact Pomerantz LLP for class action participation.
AIsa, a platform enabling AI agents to transact for digital resources, raised $6.5 million in a seed round led by Alibaba and Tribe Capital. The funding will expand engineering, scale payment infrastructure, and enhance stablecoin settlements. AIsa a...
Pomerantz LLP is investigating claims against Alibaba Group Holding Limited regarding allegations that the company and some of its officers engaged in securities fraud or unlawful business practices. The probe follows a Financial Times report accusin...
Rosen Law Firm has announced an investigation into Alibaba Group following allegations that the company issued misleading business information related to claims that Alibaba illicitly accessed the AI model Claude by creating fake accounts. This news ...
Alibaba will prohibit its employees from using Anthropic's AI tools for work from July 10, citing security risks linked to the U.S. company's software. Anthropic's Claude Code has been placed on Alibaba's high-risk software list after allegations tha...
China's Alibaba will prohibit its employees from using Anthropic's AI programming tool, Claude Code, beginning July 10. This follows Anthropic's own restrictions banning Chinese companies and their foreign affiliates from accessing its models. Alibab...
