Dow Jones Top Company Headlines at 5 AM ET: Anthropic Claims Alibaba Ran 'Brazen' Campaign to Access Its Claude AI Model | Micron ...

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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Volkswagen to Sell Majority Stake in Engine Unit to Bain Capital

The transaction in the form of a leveraged buy-out generates proceeds of roughly €7.4 billion for Volkswagen.

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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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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.


(END) Dow Jones Newswires

June 25, 2026 05:15 ET (09:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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