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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 - SpaceXSI’s 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 today’s 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. - Anthropic’s annualized revenue rose from $65B in Jul. to ~$74B, per SemiAnalysis. Framer is the AI website builder for teams that care about every detail. Agents work directly in the canvas, helping design pages, manage CMS content, write copy, add SEO, and audit sites. Build faster: Create, refine, and publish production-ready pages in minutes. Scale confidently: Manage content, localization, and metadata across your site. Stay in control: Review every change, collaborate in real time, and publish when ready. Trusted by teams at Miro and Perplexity *Sponsored. 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. - OpenAI’s ChatGPT is “absolutely not appropriate for kids of that [under 13] age,” Nebraska AG Mike Hilgers said. - OpenAI has built “industry-leading age-specific protections” 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. Granola, the AI notepad for people with back-to-back meetings, also runs on your iPhone, Android and Apple Watch. Bring it to your next in-person meeting, jot down what matters, and Granola will transcribe the conversation. When the meeting ends, your notes are ready to share. Download Granola and try it in your next meeting. Free month with the code BAYAREATIMES. *Sponsored. 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. - “We are confident in our backlog which more than supports all of our debt obligations,” Intrator said. CoreWeave’s 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 insurers’ “unlimited” capital to fund its multibillion-dollar chip spending more cheaply. Get the chance to peek inside founders and leaders’ brains and see how they think about going from zero to 1 and beyond. Join thousands of weekly readers at Google, OpenAI, Stripe, TikTok, Sequoia, and more. Check all the tools and more here, and outperform the competition. *Sponsored. 7. SpaceXSI’s 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 Analysis’ 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 SpaceXSI’s Voice Agent API and Grok Bot’s voice mode.
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