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Alibaba falls ~5% in Hong Kong

Alibaba falls ~5% in Hong Kong after Anthropic accused it of "illicitly" accessing its AI models, taking its YTD fall to 33%; Xiaomi and Baidu fell 3%+

Alibaba falls ~5% in Hong Kong after Anthropic accused it of “illicitly” accessing its AI models, taking its YTD fall to 33%; Xiaomi and Baidu fell 3%+ — Alibaba Group Holding Ltd. shares slid to a 16-month low in Hong Kong after Anthropic PBC accused the Chinese technology giant of …

Source: Bloomberg · Opens in new tab