A declassified White House memo alleges that Alibaba provided technology and data to the Chinese military for operations against the US. The memo claims Alibaba gave the PLA cyber capabilities, user data, and AI services, which the company denies. US officials are working to address cyber risks from untrusted vendors, with lawmakers calling for stricter regulations on Chinese companies. Alibaba’s stock ($BABA) is under scrutiny following these allegations. The article will be updated as more information becomes available. Matthew Kerr, a data analyst at Quiver Quantitative, authored the report.

Read more at Quiver Quant: White House Memo Alleges Alibaba Aided Chinese Military Cyber Operations