Anthropic Claims Alibaba Ran 'Brazen' Campaign to Access Its Claude AI Model
In a letter obtained by The Wall Street Journal, Anthropic alleged that Alibaba and its AI unit conducted "the largest known distillation attack" on the company to date.
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Micron Shares Jump as Chip Shortage Projected to Last Beyond 2027
Revenue and profit for the chip maker soared on robust memory demand.
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LVMH Fires Back at Hermès Heir Over His Missing Fortune
The luxury group says it was unaware of any misappropriation of Hermès shares when it was building up a covert position in its rival.
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Volkswagen to Sell Majority Stake in Engine Unit to Bain Capital
The automaker is selling a 51% stake in engine subsidiary Everllence as it seeks to streamline its investment portfolio.
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Big Banks Ace an Easier Annual Stress Test
JPMorgan and Bank of America passed the tests with flying colors after the Federal Reserve last year began releasing details of the tests in advance.
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Lockheed Martin Lands $35 Billion Missile-Defense Deal
The Pentagon's order of Thaad interceptors follows the company's pledge to expand production over seven years.
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Rocket Lab, Lockheed Martin among the partners in SpaceX's military space-laser project
Government documents show a lineup of defense contractors joining SpaceX to create a satellite network to track airborne threats.
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New Drugs Are Replacing Chemo for Aggressive Breast Cancer
AstraZeneca and Gilead have won approval for treatments of an advanced form of the disease.
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Anthropic Veterans' Startup Seeks to Help Scientists Develop Their Own AI
Mirendil raises $200 million from Andreessen Horowitz and Kleiner Perkins to make AI that can do the job of an AI engineer.
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Amazon's Zoox Redesigns Robotaxi for Large-Scale Production
Zoox plans to move the new robotaxi into large-scale production soon, expecting it will become available to riders later this year.
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OpenAI, Broadcom Develop Custom Chip for AI Inference
The chip, called Jalapeño, was built to improve efficiency and lower costs, advancing OpenAI's strategy to build out a full stack behind its models and products.
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Chemours to Pay $450 Million to Settle 'Forever Chemicals' Allegations
The settlement covers four Chemours facilities in West Virginia, North Carolina and New Jersey where the company allegedly used or produced per- and polyfluoroalkyl substances (PFAS).
(END) Dow Jones Newswires
June 25, 2026 03:00 ET (07:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.