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Anthropic has accused Chinese ecommerce giant Alibaba of obtaining illicit access to Claude by creating fake accounts designed to access the...

Anthropic has accused Chinese ecommerce giant Alibaba of obtaining illicit access to Claude by creating fake accounts designed to access the...

Anthropic ‌accused Alibaba, ‌the Chinese ​technology and e-commerce giant, of ‌illicitly ⁠extracting its Claude ⁠AI model ​capabilities, ​calling it ​the ‌largest known distillation attack on the company ‌to ​date, ​according ​to ‌a letter seen ​by ​Reuters.

The offering would be one of the biggest share sales in history, comparable to Saudi Aramco’s 2019 initial public offering and surpassing Alibaba’s U.S. ADR offering in 2014. Micron Technology shares were up about 10% in aftermarket trading. The chip maker reported fiscal third-quarter results after the close that beat consensus revenue and earnings estimates.

The Chinese tech giant Alibaba has sued the U.S. Department of Defense, demanding that it be removed from the Pentagon's list of Chinese military companies that prohibits them from landing U.S. defense contracts and carries reputational damage. In the petition filed this week in the San Jose division of the U.S. District Court in the Northern District of California, Alibaba, which is publicly traded on the New York Stock Exchange, argued that the designation, announced on June 8, has “no basis in fact or law" and that the Pentagon failed to reach its conclusion through any fair process. It is the latest lawsuit by a Chinese company against the Pentagon over such national security labels.

The chip maker is seeking to tap foreign investors to fund its expansion plans as the AI boom fuels a rush for advanced chips.

Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.

South Korea's SK Hynix said on Wednesday it plans to raise up to $29.4 billion through a U.S. stock market listing in what would be a record secondary listing, as the Nvidia supplier ‌seeks to capitalise on strong investor appetite for AI stocks. If completed at the top end, the offering would be ‌the largest U.S. listing by a Korean firm and potentially the biggest ever via American Depositary Receipts, surpassing Alibaba's $25 billion 2014 debut. The planned listing reflects strong global ​appetite for AI-linked equities, even as volatility increases across U.S. tech and semiconductor markets.

(Bloomberg) -- Tencent Holdings Ltd. is preparing to launch an AI agent for its Slack-like enterprise communication app, intensifying a high-stakes battle among Chinese tech giants to lock users into their ecosystems in the post-ChatGPT era.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some Roles‘FOMO Really Got Me’: Taiwanese Go Deep Into Debt to Amp 100% Stock RallySpaceX Falls for Third Day, Erases $

Alibaba Group is seeking to be removed from a list of companies with alleged ties to China’s military.

(Bloomberg) -- SK Hynix Inc. is expected to submit a statement to Korea’s financial regulator for an offering of American Depositary Receipts, according to Korea Economic Daily.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles Investors‘FOMO Really Got Me’: Taiwanese Go Deep Into D

Investing.com -- Alibaba Group Holding Ltd. filed a lawsuit against the Department of Defense on Tuesday to remove itself from a blacklist that identifies the company as a supporter of the Chinese military.

June 23 () - Chinese ‌tech ‌and e-commerce ​giant Alibaba sued the ‌U. ⁠Department of ⁠Defense for ​designating ​it ​a "Chinese ‌military company," according to a ‌court ​filing ​on ​Tuesday.

Chinese tech and e-commerce giant Alibaba sued ‌the U.S. Department of ‌Defense for designations including saying it was ​a "Chinese military company," according to a court filing on Tuesday. "The determinations have no basis in ‌fact or law," ⁠Alibaba said in its lawsuit. "Alibaba is governed by ⁠an independent board, none of whom has any military affiliation."

Michael Burry has questioned SpaceX’s valuation, but the famed investor believes the cost to short SPCX is too high. Instead, he is buying these three stocks.

(Bloomberg) -- Chinese equities in Hong Kong entered a bear market as sentiment soured on tepid consumer spending and fading confidence in e-commerce firms. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head WhatsApp

(Bloomberg) -- Tencent Holdings Ltd. is negotiating exits from several game studio investments in Japan, including Tokyo-traded Marvelous Inc., as part of a reassessment of the company’s global portfolio, people with knowledge of the matter said.Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

By Leo Marchandon PARIS, June 22 (Reuters) - Limits on access to some U.S. artificial intelligence services are pushing major European companies to speed up spreading risk across multiple providers

(Bloomberg) -- A gauge of Chinese equities in Hong Kong trimmed losses, supported by a rotation into financial shares as investors shifted out of artificial intelligence-linked names.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in I

(Bloomberg) -- Tencent Holdings Ltd. has started testing a new AI assistant for WeChat as part of its efforts to catch up with peers in China’s white-hot artificial intelligence race.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in I

To look ⁠for ways to eradicate online listings, including through AI-enabled detection and prevention. Represent a ⁠fifth of the global e-commerce market and 90% of the world's social media users. Vodafone, Vodacom, Safaricom to use ​AI ​in anti-money-laundering and transaction monitoring ​systems across mobile money ‌platform M-Pesa.

The rockets and satellites company has jumped 37% from its $135 offer price in its first five trading days, gaining $673.8 billion in market cap over that period.

Alibaba Group Chairman Joe Tsai and General Catalyst Managing Director Jeannette zu Furstenberg discuss investment opportunities and leadership with the development of artificial intelligence with Bloomberg's Francine Lacqua and Tom Mackenzie at the VivaTech x Bloomberg Awards in Paris.

The biggest IPOS in U.S. history include a major chipmaker, a ride-hailing firm and a handful of global telecoms.

(Bloomberg) -- A major Chinese stock gauge is on track for a bear market, pressured by weakness in Internet and consumer firms.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USTrump Blows Through His Iran Red Lines in Justifying Peace DealNetanyahu Pays a Political Price for Trump’s Iran DealThe MSCI China Index dropped as much as 2.1% Thursday, tak

How other blockbuster IPOs performed after the hype

(Bloomberg) -- Chinese stocks listed in Hong Kong are facing bleak milestones as a global rush into artificial intelligence supply chain players sidelines the Internet and consumer companies that dominate the offshore benchmark.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealModi Warns of ‘Short

Stocktwits data showed retail sentiment on SPY and QQQ has remained ‘bearish’ despite the recent rally.

(Bloomberg) -- Xiaohongshu Technology Co., the Chinese creator of social platform RedNote, is preparing to confidentially file for an initial public offering in Hong Kong by the end of this month, according to people familiar with the matter.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineWhy Musk Raced to Take SpaceX Public in the Worl