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Proof That China Is Stealing US AI
24/7 Wall St.80d agoneutral
Proof That China Is Stealing US AI

Very recently, there have been more than suspicions that China has been stealing US AI secrets to build their own models, inexpensively. Several American companies, led by Anthropic, say it is so. The huge AI firm, valued at about $1 trillion, sent a letter to Senators, which appears to have settled the matter of the ... Proof That China Is Stealing US AI

Beijing looks at curbing overseas access to its top AI models, sources say
Reuters Videos80d agoneutralVIDEO
Beijing looks at curbing overseas access to its top AI models, sources say

<body><p>STORY: Chinese authorities have looked into restricting overseas access to the country's top AI models.</p><p>That's what sources have told Reuters.</p><p>They added authorities held meetings with top tech firms over the past month about the issue.</p><p>The talks follow a number of steps by Beijing to keep homegrown AI within the country.</p><p>It also shows China, like the U.S., now treats AI as a critical national asset that needs controls.</p><p>The sources said tech giants like Alibaba, ByteDance and Z.ai were at the talks.</p><p>Chinese AI models have expanded globally since the launch of DeepSeek's R1 model last year.</p><p>It's partly due to their low costs and growing capabilities.</p><p>Any decision by Beijing to limit access to those products could ripple across AI markets as costs for many businesses would likely rise.</p><p>Two of the sources said the meetings were led by China's Ministry of Commerce and participants talked about putting limits on the most advanced AI models.</p><p>That included both closed-source and more open versions.</p><p>They added officials talked about making any leak or theft of exclusive AI technology an offense under China's national security law.</p><p>A source further said officials raised the possibility of implementing new measures to restrict who can fund domestic AI startups.</p><p>The sources said the scope of the potential restrictions is still being discussed, and may only apply to future models.</p><p>It wasn't immediately clear when or even if they would come into force.</p><p>China's commerce ministry and the National Development and Reform Commission didn't respond to Reuters requests for comment.</p><p>Alibaba, ByteDance and Z.ai also didn't respond to Reuters queries.</p><p>Three sources also told Reuters DeepSeek is developing its own AI chip.</p><p>It's a move which could lower its reliance on Nvidia and Huawei chips.</p><p>They said it would be designed for inference rather than for training new models.</p><p>Inference is the stage of AI computing where a trained model generates responses for users.</p><p>The company didn't respond to a request for comment.</p></body>

Bloomberg80d agoneutral
Chinese Firms Leave Nvidia for Local AI Suppliers, Survey Shows

(Bloomberg) -- Chinese companies are ditching Nvidia Corp.’s advanced accelerators in favor of domestic silicon, underscoring how tensions with the US are reshaping the AI infrastructure buildout and propelling Beijing’s ambitions to substitute American technology.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash

Alibaba’s Anthropic ban hides bigger AI shift
TheStreet80d agoneutral
Alibaba’s Anthropic ban hides bigger AI shift

Alibaba’s reported ban on Anthropic’s Claude Code looks, on the surface, like an IT decision at a company. It’s probably bigger than that. A Chinese tech giant has warned staff not to use Anthropic’s AI coding helper at work and has directed them toward its own coding platform, Qoder, Reuters ...

Goldman Sachs turns its back on major semiconductor stock
TheStreet81d agoneutral
Goldman Sachs turns its back on major semiconductor stock

Goldman Sachs spent more than a year telling clients that Taiwan Semiconductor Manufacturing (TSM) was one of the best stocks to own in Asia. However, on July 1, 2026, the bank changed its mind. Goldman dropped TSM from its Asia-Pacific Conviction List. This list is the bank's short roster of ...

Alibaba (NYSE:BABA) Is Pulling AI Companion Features Under China’s New Rules
Simply Wall St.81d agoneutral
Alibaba (NYSE:BABA) Is Pulling AI Companion Features Under China’s New Rules

Alibaba Group Holding and several major Chinese tech platforms are disabling AI companion and chatbot features to comply with new national rules on emotionally influential artificial intelligence. The regulations target humanlike AI tools that could foster emotional dependence, especially among minors, and are prompting adjustments across domestic platforms. The changes affect Alibaba's AI product lineup and may influence how the company shapes future offerings for both Chinese and global...

Bloomberg81d agoneutral
Singapore Files New Charges in Nvidia Chip Fraud Case

(Bloomberg) -- Singaporean prosecutors filed additional charges including money laundering against a key suspect in an AI server fraud case, part of the Southeast Asian nation’s growing efforts to clamp down on Nvidia Corp. chips being diverted illicitly to other locations including China. Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Globa

Bloomberg81d agoneutral
ByteDance, Alibaba Pull AI Companions as Beijing Tightens Rules

(Bloomberg) -- ByteDance Ltd. and Alibaba Group Holding Ltd. are pulling the plug on features that let users build and chat with AI companions, preparing for new Chinese regulations governing human interactions with artificial intelligence.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests Af

Bloomberg82d agoneutral
Alibaba Gets Reprieve From Lobbying Ban Tied To Pentagon’s Curbs

(Bloomberg) -- A federal judge ordered the Pentagon to give Alibaba Group Holding Ltd. a reprieve from a law that caused all of its lobbyists to drop it while she considers its constitutionality in a case set to test the ability of the US government to restrict Chinese companies’ activities.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great American State Fair Looks So EmptyOil’s Supply

Bloomberg82d agoneutral
SK Hynix Seeks Access to AI Investors in $29 Billion US Listing

(Bloomberg) -- This week’s $29 billion US stock-market listing for SK Hynix Inc. may be the biggest-ever first-time share sale by a foreign company, but it isn’t just about raising cash. It’s also about competing in the hottest corner of the global stock market — memory chips used in AI computing.Most Read from BloombergWhy the Great American State Fair Looks So EmptyBrazil Freezes $2 Billion, Pursues Arrests After US SanctionOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutTanker

Is Alibaba (BABA) the  Most Oversold Strong Buy-Rated Stock to Invest In Now?
Insider Monkey82d agobullish
Is Alibaba (BABA) the Most Oversold Strong Buy-Rated Stock to Invest In Now?

Alibaba Group Holding Limited (NYSE:BABA) is one of the 9 Most Oversold Strong Buy-Rated Stocks to Invest In Now. On June 25, 2026, Anthropic accused Alibaba Group Holding Limited (NYSE:BABA) of a large-scale effort to “illicitly” access its Claude artificial intelligence model, Bloomberg’s Maggie Eastland reported, citing a letter the AI startup sent to several […]