The artificial intelligence (AI) race between the U.S. and China just got a lot more combustible. Anthropic, one of the United States' most closely watched AI startups, has gone on the offensive against Alibaba (BABA), the Chinese tech giant behind Qwen AI.
Specifically, Anthropic recently filed a formal letter with U.S. senators accusing Alibaba of orchestrating what it called the largest-known effort by a Chinese company to illicitly siphon the capabilities of a leading U.S. AI model. For investors watching BABA stock, this is not a story to ignore.