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Anthropic accused Alibaba of ‘illicitly’ accessing AI models
Investor summaryBearish
Anthropic accuses Alibaba of illicitly using Claude via thousands of fake accounts, causing BABA stock to drop below $100.
Bear points
- Anthropic accuses Alibaba of illicitly accessing Claude via thousands of fraudulent accounts.
- Negative news sentiment is driving continuous selling pressure, pushing the stock below $100.
Post body
In a letter to US officials, Anthropic accused $BABA of illicitly using Claude via thousands of fraudulent accounts.
“In its letter, Anthropic claimed that the effort involved 28.8 million exchanges with Claude between April and June through almost 25,000 fraudulent accounts, according to people familiar with the document and a copy seen by Bloomberg News. The company said the Alibaba campaign resembled past efforts by other Chinese developers that Anthropic flagged in a blog post earlier this year.”
Under $100 we go on this headline smh. Literally day after day of selling.
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