Sources: Anthropic told investors that its revenue jumped to $16.8B in Q3, up from $11.5B in Q2, and that the company was profitable on an adjusted basis in Q3  —  Rapid growth is slower than some anticipated as fears about the AI trade rattle markets  —  Anthropic told investors …

Eight US states sue OpenAI separately in a bipartisan effort, alleging it didn't implement sufficient safeguards to protect kids and other vulnerable users  —  More than half a dozen states sued OpenAI Inc. Wednesday alleging the tech giant didn't implement sufficient safeguards to protect vulnerable users, including kids.

OpenAI agrees not to use trade secrets that Apple claims were stolen while their lawsuit plays out, and to collect forensic images of 14 employees' devices  —  OpenAI agreed not to use trade secrets that Apple Inc. claims were stolen by employees who defected from the iPhone maker …

Microsoft, Health-ISAC, Japanese authorities, and others disrupt a Chinese-language phishing kit ecosystem used to send 1B+ messages to 75K+ orgs this year  —  In less than 10 months, cybercriminals used the arsenal of customized, targeted phishing kits to send more than 1 billion malicious messages …

SpaceXSI debuts Grok Voice 3.0, saying it tops Artificial Analysis' speech-to-speech index, responds in under a second, and costs less than rivals, at $0.08/min  —  The world's most intelligent voice model. … Today, we're announcing Grok Voice 3.0, the world's most intelligent speech-to-speech model.

A US appeals court lets Florida enforce a law banning social media accounts for under-14s, rejecting tech groups' claims that it violates free speech rights  —  A federal appeals court on Wednesday allowed Florida to enforce a state law barring children under 14 from accessing social media platforms …

CoreWeave closed down 15.5% as yields on its bonds near 15% amid concern over tech companies' heavy AI borrowing; Oracle dropped 8.8%, Nebius 10%, Dell 11.3%  —  CoreWeave's stock and bonds were both hit on Wednesday as investor fear grew that some technology companies are borrowing too heavily …

Mexican President Claudia Sheinbaum signs a decree banning digital platforms from exposing minors to sexual and violent content, giving them one month to comply  —  Mexican President Claudia Sheinbaum said she will sign a presidential decree on Wednesday requiring digital platforms …

Researchers say they discovered and communicated with Chinese AI agents that were trying to bypass security controls on websites and were traced to Tencent  —  Researchers discovered that the agents were trying to bypass security controls on websites and made contact with them.

OpenAI names Uday Ruddarraju, who joined OpenAI last year and was promoted as CTO for compute in July, to lead its infrastructure and compute businesses  —  OpenAI has named former xAI executive Uday Ruddarraju to lead its infrastructure and compute businesses, marking the latest leadership shakeup …

Jio Platforms seeks to raise up to $3.2B in India's largest IPO, which would value it at as much as $108.3B; the offering opens October 21 and closes October 23  —  Jio Platforms is set to raise up to $3.2 billion in India's largest IPO to date, which will value the group founded …

YouTube Music rolls out labels for songs created with the help of AI; Spotify has AI labels, and Apple Music plans to add “Made With AI” labels later this year  —  YouTube Music announced Wednesday the rollout of a new labeling system aimed at improving transparency around songs created with the help of generative AI.

Elon Musk says the US government owns and controls Starshield systems and “any limits on speed or usage are decided by the US military and ultimately POTUS”  —  Starshield systems are owned and controlled by the US government. Any limits on speed or usage are decided by the US military and ultimately POTUS. Starlink is a commercial service owned and controlled by SpaceX. Usage of Starlink is limited to civilian or defensive activities and cannot be used f...

Memo: Netflix is cutting 6% of its staff, or ~1,000 jobs globally across product, tech, legal, and HR, its biggest layoffs since 2022, amid slowing growth  —  Job cuts affect about 1,000 positions and come as the company struggles with slowing growth  —  Netflix is cutting 6% of its staff …

Sources: Apple plans to launch Apple Intelligence in China in December via iOS 27.3, with features first rolled out in 2024; the launch won't include Siri AI  —  Apple Inc. is gearing up to release its artificial intelligence platform in mainland China, following a lengthy regulatory delay …

Berkshire Hathaway invests an additional $330M in Bending Spoons, taking its stake to 4%, after investing $600M during Bending Spoons' July IPO; BSP jumps 40%+  —  Shares of conglomerate that owns AOL and Vimeo jump more than 50% on news of expanded investment by Nebraska asset manager

ASML expects China to account for ~20% of total sales this year, after Q3 sales there surged 109% QoQ, lifting China's share of machine sales from 14% to 23%  —  Dutch semiconductor equipment giant ASML expects China to account for about 20 per cent of its total sales this year …

Epic unveils a refresh of its Epic Games Launcher for PC in preview, saying that the new version is “vibe coded” and “way faster”, and now supports Linux  —  Epic is making a big push into AI-assisted development, and that approach includes its work on the new, faster launcher.

Sources: Anduril opens a tender offer of up to ~$1.3B for staff at a ~$90B valuation, available in 16 countries for the first time; it was valued at $61B in May  —  Anduril Industries Inc. is allowing employees to sell shares as part of a tender that stands to value the defense technology startup …

Shareholders for both Fox Corp. and Roku approve Fox's $22B acquisition of Roku; Fox expects the deal to be finished in H1 2027, subject to regulatory clearance  —  At separate special meetings of shareholders Wednesday to vote on the deal, the majority of shares owned by Fox Corp. and Roku investors were in favor the deal.

AI infrastructure startup Modal raised a $750M Series D led by Accel at a $15.75B post-money valuation, taking its total funding to $1.2B, and passes $1B ARR  —  AI infrastructure startup Modal raised a $750 million Series D at a $15.75 billion post-money valuation and topped $1 billion in ARR …

Letter: Democratic senators question Meta's $6.6B in federal tax credits claimed over the past two years toward costs of building “experimental” AI data centers  —  Democrats on the Senate Finance Committee sent a letter to Mark Zuckerberg, Meta's chief executive, questioning the company's $6.6 billion in tax breaks.

Apple closes above a $5T market cap for the first time, the second company after Nvidia to do so; Apple had crossed $5T six times intraday previously  —  To power Apple's next phase, CEO John Ternus needs to raise Apple's AI game  —  Apple became the second company to close above …

Asian chipmakers extend Wall Street losses as US Fed rate hike fears and AI funding worries mount; SK Hynix fell 10%+ on the KRX, while Samsung fell ~10%  —  A sell-off in global technology hardware stocks deepened Thursday, with Asian chipmakers tracking Wall Street losses as concerns …