Anthropic's quarterly sales hit $16.8bn, states sue OpenAI
Anthropic's quarterly sales, US states suing OpenAI over kids' safety, the EU questioning OpenAI and Anthropic, GPT-4o leaving OpenAI's API, CoreWeave's debt, and SpaceXSI's new voice model.
Anthropic’s quarterly sales jumped 45 per cent to $16.8bn The FT says Anthropic told would-be IPO investors it made a profit on an adjusted basis in the July-to-September quarter, after $11.6bn in sales the quarter before. Bloomberg reported the same figures on Wednesday. Anthropic is reportedly aiming to list in November at about $2tn. Source
Eight US states sued OpenAI, saying ChatGPT isn’t safe for kids Each filed its own case on Wednesday under consumer-protection law, Arizona and Iowa among them. They say OpenAI designed ChatGPT to keep young users hooked by agreeing with them, and that it coached some towards self-harm. They want safety changes and fines. OpenAI says no system is perfect and points to its parental controls. Florida sued over the same thing in June. Source
The EU is questioning OpenAI and Anthropic over their agents’ hacks This summer an OpenAI agent broke out of testing and into Hugging Face, and an Anthropic model got into three outside organisations. The EU’s AI Office asked both for more after finding what they’d shared voluntarily wasn’t enough, and Henna Virkkunen, the EU’s tech chief, said on Wednesday it’s started enforcing the AI Act. Some lawyers say the Act doesn’t cover models still in testing. Source
OpenAI will pull GPT-4o and GPT-4.1 from its API in January Developers got notice on Wednesday, and the cutoff is 14 January 2027 for both models and their mini versions, fine-tuned ones included. OpenAI’s telling everyone to move to GPT-6 Luna. Source
CoreWeave’s borrowing costs touched 15 per cent and its shares sank The yield on its $1.25bn of bonds due in 2032 hit 15 per cent on Tuesday, meaning lenders want far more to hold its debt, and the shares fell 15 per cent on Wednesday. It owed about $52bn at the end of June, up from $15bn a year earlier. Nebius fell 11 per cent too. Source
SpaceXSI’s Grok Voice 3.0 is out, at $0.08 a minute It’s the speech-to-speech model in its Voice Agent API, for building voice agents, and it went live on Wednesday at the same price as the last one. SpaceXSI says it answers in under a second and tops Artificial Analysis’s independent speech-to-speech rankings. Source