Robbins Geller Rudman & Dowd LLP announced a class action lawsuit against Alibaba Group for alleged violations of securities laws between June 2025 and June 2026. The lawsuit claims Alibaba and its CEO made false or misleading statements about the company's affiliation with the Chinese military and risks related to unauthorized AI model attacks. Following government and media revelations, Alibaba's stock price dropped significantly. Investors who bought Alibaba securities during this period can seek lead plaintiff status by 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...
