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CISA (CISA) - China-Based Artificial Intelligence Companies Conducting Industrial-Scale Distillation Campaigns Against U.S. AI Companies

Executive summary China-based artificial intelligence (AI) companies are conducting systematic extraction of proprietary functionalities and capabilities of U.S. AI companies’ models through industrial-scale knowledge distillation campaigns that form the core—not merely a supplement—of their AI development strategy. While “distillation” is recognized as a legitimate and useful technique in AI research, China-based AI companies are engaging in aggressive, malicious, and targeted distillation activities at an industrial scale that extract restricted proprietary functionalities and capabilities of U.S. frontier AI models. The National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), and Federal Bureau…

THEAMERICANCONSERVATIVE (Liam Childers) - Copying China to Defend America?

When it comes to AI, conservatives should embrace free market principles over state intervention. The post Copying China to Defend America? appeared first on The American Conservative .

Foreign Affairs Copying China to Defend America? When it comes to AI, conservatives should embrace free market principles over state intervention.  For much of recent history, China has sought to shed the more onerous aspects of its old command economy. After the disastrous failures of the Great Leap Forward and Maoism further impoverished an already poor nation, a new crop of leaders like Deng Xiaoping pursued market-oriented reforms intended to bring China the prosperity that capitalism had delivered for Western countries like the United States. Now, nearly five decades on, politicians in the United States—including, remarkably,…Open

NYTIMES (Meaghan Tobin) - Even China’s A.I. Powerhouses Can’t Figure Out How to Profit Off A.I.

Chinese A.I. models are gaining ground. But the companies behind them do not have a clear strategy to make money from that success.

THENATIONALPULSE (Pulse Wires) - EU Hits China’s AliExpress with Record 550 Million-Euro Fine for Unsafe, Counterfeit Products.

The European Commission has imposed its largest-ever fine under the Digital Services Act, citing AliExpress for inadequate measures to prevent the sale of dangerous and counterfeit goods.

PULSE POINTS WHAT HAPPENED: The European Commission fined AliExpress 550 million euros ($629 million) for failing to adequately tackle the sale of unsafe and counterfeit products on its platform. This penalty is the largest issued under the EU’s Digital Services Act (DSA) to date. DETAIL: European Commission Executive Vice-President Henna Virkkunen said the spread of counterfeit clothing, unsafe toys, dangerous cosmetics, and other illegal products reflected AliExpress’s failure to meet its obligations under the DSA, adding that the company must better identify and mitigate systemic risks regardless of its size. AliExpress claims it remains committed to complying with the DSA and has invested heavily in product safety, risk…Open

NYTIMES (Meaghan Tobin and Xinyun Wu) - Alibaba’s A.I. Is a Hit, but Hard to Turn Into a Moneymaker

The Chinese company’s models have won over developers worldwide, but they are open source — so they can be used and modified freely.

THENATIONALPULSE (Pulse Wires) - Alibaba Sues Pentagon Over ‘Chinese Military Company’ Designation.

Chinese tech giant Alibaba is challenging its inclusion on the Pentagon's "Chinese military company" list, claiming the designation is baseless and damaging to its business operations.

Chinese tech giant Alibaba is challenging its inclusion on the Pentagon’s “Chinese military company” list, claiming the designation is baseless and damaging to its business operations. PULSE POINTS WHAT HAPPENED: Alibaba has filed a lawsuit against the U.S. Department of War , challenging its inclusion on the Pentagon’s “Chinese military company” list. The company argues that the designation is unsupported by evidence and harms its U.S. business ventures. DETAIL: The company contends it has no ties to China’s military-civil fusion strategy and says its relationships with Chinese government agencies such as the State-Owned Assets Supervision and Administration Commission (SASAC) and the Ministry of Industry and…Open

NYTIMES (Meaghan Tobin) - Alibaba Sues Pentagon Over China Military Label

The Chinese tech giant said it had no ties to China’s military and that the U.S. government had violated the law by making that claim.

JUSTTHENEWS (Jerry Dunleavy) - L.A. Olympics 2028 partnering with Alibaba, which Pentagon says is ‘Chinese Military Company’

The Pentagon has blacklisted Alibaba, one of China's biggest tech companies, over its links to the People's Liberation Army. Alibaba is also a key partner in the upcoming Summer Olympics in Los Angeles.

NPR (The Associated Press) - Pentagon labels tech giant Alibaba and car maker BYD as aiding Chinese military

The Pentagon has added several prominent Chinese businesses to its list of Chinese military companies. The move prevents them from securing U.S. defense contracts.

AXIOS (Dan Primack) - SpaceX plans to raise $75B in its IPO

SpaceX disclosed Wednesday that it plans to raise $75 billion in its initial public offering, which is expected to occur within a few weeks. Why it matters: This would be the largest IPO ever , and it's not even close. - The current global record is $29.4 billion by Saudi oil giant Aramco in late 2019, while the U.S. exchange mark was set in 2014 by China's Alibaba with $25 billion. Zoom in: SpaceX says that it plans to offer 555.6 million shares at $135 per share. - It would be valued about $1.75 trillion at that price. The big picture: SpaceX began as a space launch company and currently makes most of its money from the Starlink connectivity service. - Its big bet, however, is on artificial intelligence and orbital data centers . -…