Alibaba Attacks Anthropic As OpenAI Short $1T IPO
from Good Revenue
Anthropic got US government approval to expand Mythos access just weeks after reporting it suffered the largest-ever distillation attack, orchestrated by China’s Alibaba. Meanwhile Sam Altman is desperate for a trillion-dollar valuation for OpenAI's IPO, but his own advisors are telling him it's not happening in 2026. Unless Anthropic gets blocked? The AI arms race between companies and countries is moving faster than anyone can keep up with. CHAPTERS 00:00 Mythos Gets Unlocked 00:58 Fable 5 Still Restricted 01:32 Alibaba's Distillation Attack 02:55 Anthropic's Three Asks 04:55 Nvidia's China Problem 06:18 Alibaba Sues Pentagon 07:10 OpenAI's IPO Crisis 08:30 OpenAI's $38.5B Losses 10:00 SpaceX's $111B Week 11:45 Index Funds Change Rules 13:30 Russell Rebalance Explained 15:00 Altman Watches Anthropic 15:49 Closing IF YOU LIKED THIS, WATCH: → Did China Just Steal ASML's Banned AI Chip Making Tool?: https://youtu.be/IVvBSub5Vw0 → Anthropic Gets Banned Again While OpenAI Lost $38 Billion: https://youtu.be/z2BYUFRBZmQ → Anthropic IPO Might Crush OpenAI (And SpaceX?): https://youtu.be/bz5fsLTSUiU → China Says It Doesn't Want Our AI Chips, So Why Are They Smuggling Them?: https://youtu.be/uKjWfRgDfRM SOURCES & FURTHER READING Alibaba's Distillation Attack on Anthropic • Anthropic Accuses Alibaba of Illicitly Accessing Its AI Models: https://www.bloomberg.com/news/articles/2026-06-24/anthropic-accuses-alibaba-of-illicitly-accessing-its-ai-models • Alibaba Used 25,000 Accounts to Clone Claude in Largest Known Attack: https://www.cnbc.com/2026/06/24/anthropic-alibaba-distillation-campaign.html • Anthropic Says Alibaba Must Be Punished for Largest Claude Cloning Attack: https://arstechnica.com/tech-policy/2026/06/anthropic-claims-alibaba-defied-trump-to-attack-claude-and-steal-capabilities/ • Anthropic's Full Letter to Congress on the Alibaba Attack: https://d1e00ek4ebabms.cloudfront.net/production/uploaded-files/Anthropic%20letter%20Alibaba%E3%83%BBJun%2010%202026%20-ba307cab-ccb4-43f1-88c0-515f29694678.pdf AI Distillation Attacks and Adversarial AI Use • How Anthropic Detects and Prevents Model Distillation Attacks: https://www.anthropic.com/news/detecting-and-preventing-distillation-attacks • Google's Threat Intelligence Report on AI Distillation and Adversarial Misuse: https://cloud.google.com/blog/topics/threat-intelligence/distillation-experimentation-integration-ai-adversarial-use • How OpenAI Is Disrupting Malicious Uses of Its Models: https://openai.com/global-affairs/disrupting-malicious-uses-of-ai-october-2025/ Mythos, Anthropic's Restricted AI Model • Trump Administration Allows Anthropic to Expand Mythos Access to Select US Organizations: https://www.wired.com/story/anthropic-restores-access-to-mythos/ OpenAI's IPO Struggles and SpaceX's Market Surge • Why OpenAI's Trillion-Dollar IPO Is Slipping Out of Sam Altman's Reach: https://www.nytimes.com/2026/06/25/technology/openai-ipo-artificial-intelligence.html • SpaceX Closes $25 Billion Bond Offering Across Five Tranches: https://finance.yahoo.com/markets/stocks/articles/spacex-closes-25-billion-bond-214309300.html • Allianz Investment Chief on the AI Bubble Risk After SpaceX's IPO: https://ft.trib.al/mPUSZWU • Russell US Indexes 2026 Reconstitution Summary: https://www.lseg.com/content/dam/ftse-russell/en_us/documents/other/2026-russell-us-indexes-reconstitution-summary.pdf Get the latest Good Revenue episodes: YouTube: https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ Spotify: https://open.spotify.com/show/44me6PABSQ0k0GfphM70au Apple Podcast: https://podcasts.apple.com/us/podcast/good-revenue/id1707461473 Newsletter: https://goodrevenue.io/
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