Thursday 15 October 2026
Top stories today:
Anthropic Q3 revenue jumps to $16.8B, posts adjusted profit
OpenAI sued by 8 U.S. states over alleged failure to protect children
CoreWeave -15.5% as bond yields near 15% amid AI debt fears
SpaceXSIās Grok Voice 3.0 debuts with sub-second responses
Modal raises $750M at $15.8B valuation, surpasses $1B ARR
0. Data & Calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Anthropic Q3 revenue said to jump to $16.8B, posts adjusted profit
Adjusted profit for the second consecutive quarter was reportedly disclosed to investors by Anthropic.
Anthropic generated $1.70 in revenue for every $1 spent on computing power in Q3, with an 11% adjusted operating margin excluding stock-based compensation.
Distillation accounted for 5%-7% of revenue, Anthropic reportedly told investors.
Revenue growth slowed to ~45% in Q3 after more than doubling in Q2.
Anthropicās annualized revenue rose from $65B in Jul. to ~$74B, per SemiAnalysis.
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3. OpenAI sued by 8 U.S. states over alleged failure to protect children, vulnerable users
AGs from Arkansas, Arizona, Idaho, Montana, Iowa, Kansas, West Virginia, and Nebraska filed separate lawsuits against OpenAI.
OpenAIās ChatGPT is āabsolutely not appropriate for kids of that [under 13] age,ā Nebraska AG Mike Hilgers said.
OpenAI has built āindustry-leading age-specific protectionsā and will continue adding safeguards, a spokesperson said.
Separately, OpenAI agreed not to use trade secrets Apple alleges were stolen while their lawsuit proceeds.
A staffer who joined Apple presented an unreleased product to Apple leadership, OpenAI alleged.
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5. CoreWeave shares -15.5% as bond yields near 15% amid AI debt fears
CEO Mike Intrator reportedly downplayed the market moves in an internal memo.
āWe are confident in our backlog which more than supports all of our debt obligations,ā Intrator said.
CoreWeaveās unsecured bonds due in 2032 traded below 80 cents on the dollar Wed., pushing yields above 15%
Tech investor Chamath Palihapitiya and Elon Musk both commented on the elevated yields.
CoreWeave said it targeting insurersā āunlimitedā capital to fund its multibillion-dollar chip spending more cheaply.
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7. SpaceXSIās Grok Voice 3.0 debuts with sub-second responses at $0.08/min
Grok Voice 3.0 tops GPT-Live-1 and Gemini 3.8 Live on Artificial Analysisā Speech-to-Speech Index:
Grok Voice 3.0 costs $4.80/hr of input audio, unchanged from Voice 2.0, vs. $4.47 for GPT-Live-1 (Sol) and $3.50 for Gemini 3.8 Live Extended Thinking.
Grok Voice already handles millions of daily conversations in Tesla vehicles, SpaceXSI said.
Available via SpaceXSIās Voice Agent API and Grok Botās voice mode.
