Latest / DX Today | No-Hype Podcast & News About AI & DX / AI News Today: Anthropic Hits $16.8B Quarter, 8 States Sue OpenAI

Transcript

AI News Today: Anthropic Hits $16.8B Quarter, 8 States Sue OpenAI · DX Today | No-Hype Podcast & News About AI & DX

• 0:00
  SPEAKER_05: It's Thursday, October the 15th, 2026.
• 0:03
  SPEAKER_05: You're listening to the DX Today AI Daily Brief.
• 0:07
  SPEAKER_05: Today, Anthropic tells investors that close to$17 billion in sales came in last quarter.
• 0:14
  SPEAKER_05: Taiwan's biggest chipmaker posts another record profit on demand for AI chips.
• 0:20
  SPEAKER_05: And eight states take open AI to court over ChatGPT and children.
• 0:26
  SPEAKER_05: Let's get into it.
• 0:27
  SPEAKER_00: Anthropic told investors on Wednesday that his third quarter revenue reached$16.8 billion, according to the Financial Times.
• 0:36
  SPEAKER_00: That is up from about$11.5 billion in the second quarter, a jump of roughly 45% in three months.
• 0:44
  SPEAKER_00: The company also said it was profitable on an adjusted basis.
• 0:47
  SPEAKER_00: The figures came from a closed investor presentation at Anthropic's San Francisco headquarters as the Claudemaker prepares for a possible initial public offering.
• 0:57
  SPEAKER_00: These are numbers shared privately with investors and reported by the press, not audited public results.
• 1:04
  SPEAKER_00: Still, they put Anthropic among the fastest growing software businesses on record.
• 1:08
  SPEAKER_00: Some market commentators noted that quarter over quarter growth has slowed from earlier this year.
• 1:13
  SPEAKER_00: A point investors will watch closely ahead of any listing.
• 1:16
  SPEAKER_02: Next to Taiwan, Taiwan's semiconductor manufacturing company reported its sixth consecutive quarter of record profit on Thursday.
• 1:26
  SPEAKER_02: Net income for July through September reached about 763 billion new Taiwan dollars, roughly 23.6 billion US dollars, up nearly 69% from a year earlier.
• 1:42
  SPEAKER_02: Revenue came in at about$46.7 billion, beating the company's own guidance.
• 1:49
  SPEAKER_02: The world's largest contract chipmaker builds the advanced processes inside Nvidia's AI accelerators, and advanced technologies made up most of its wafer revenue this quarter.
• 2:01
  SPEAKER_02: Yet the company struck a cautious note about next year, describing itself as prudent going into 2027 because of macroeconomic uncertainty.
• 2:12
  SPEAKER_02: That tempered an otherwise upbeat outlook driven by spending on AI infrastructure.
• 2:19
  SPEAKER_04: Now a legal fight.
• 2:51
  SPEAKER_04: The remedies sought vary by state and include financial penalties, age verification, and the deletion of certain data.
• 2:59
  SPEAKER_04: These are allegations, and no court has ruled on them.
• 3:03
  SPEAKER_04: Together, the suits represent one of the broadest coordinated legal challenges yet to a consumer chatbot, and they arrive as lawmakers across the country debate rules for AI products used by miners.
• 3:15
  SPEAKER_04: Turning to chips.
• 3:16
  SPEAKER_01: ByteDance is close to a deal to buy custom data center chips from Taiwan's MediaTech, according to a Bloomberg report on Thursday.
• 3:24
  SPEAKER_01: The owner of TikTok is in advanced talks over application-specific chips designed for its own AI workloads.
• 3:31
  SPEAKER_01: For ByteDance, the deal would add another source of scarce computing hardware as it expands its AI infrastructure.
• 3:38
  SPEAKER_01: For MediaTech, best known for smartphone processes, it would be a major step into the custom chip business, where it competes with Broadcom and Qualcomm.
• 3:47
  SPEAKER_01: The volume and value of the potential agreement were not disclosed, and neither company has confirmed it.
• 3:53
  SPEAKER_01: Reuters said it could not immediately verify the report.
• 3:57
  SPEAKER_01: Shares of rival chip designers came into focus in early trading as investors weighed the news.
• 4:02
  SPEAKER_05: Next, AI debt worries.
• 4:05
  SPEAKER_03: Core Weave shares fell about 15% on Wednesday as yields on the AI cloud providers' bonds climbed toward 15%.
• 4:13
  SPEAKER_03: The sell-off reflected growing investor concern about how much debt companies are taking on to build AI data centers.
• 4:20
  SPEAKER_03: A hotter than expected inflation report added pressure across technology stocks by raising expectations for higher interest rates, which make borrowing more expensive.
• 4:29
  SPEAKER_03: Core Weave chief executive Mike Intrator responded by saying the market was acting irrationally.
• 4:35
  SPEAKER_03: The company rents out large clusters of NVIDIA graphics processors and has financed much of its rapid growth with borrowed money.
• 4:43
  SPEAKER_03: Its bond prices are now being watched as a signal of how credit markets view the wider AI building boom.
• 4:50
  SPEAKER_05: Over to the Netherlands.
• 4:51
  SPEAKER_00: Dutch chip equipment maker ASML reported third-quarter results on Wednesday and raised its outlook for the year.
• 4:58
  SPEAKER_00: Net sales reached 11.7 billion euros, with net income of about 5 billion euros.
• 5:03
  SPEAKER_00: The company now expects full-year sales of 44 to 45 billion euros, narrowing its earlier range of 43 to 45 billion.
• 5:12
  SPEAKER_00: ASML is the only supplier of the extreme ultraviolet lithography machines needed to make the most advanced chips, including those used for AI analysts, linked the stronger orders to chipmakers expanding capacity for AI processors and memory.
• 5:26
  SPEAKER_00: The company's own release focused on the results and outlook while noting continued demand from its customers.
• 5:33
  SPEAKER_02: Now to London.
• 5:34
  SPEAKER_02: Nvidia announced on Wednesday that it will give researchers in the United Kingdom access to$250 million worth of computing over the next five years.
• 5:45
  SPEAKER_02: The commitment is in computing access, not cash, and it is aimed at research into the safety and security of agentic AI, systems that can take actions on their own.
• 5:58
  SPEAKER_02: At an event in London, Chief Executive Jensen Huang also announced planned investments in five British startups Boltz, Foresight, Hiverge, Prima Menti, and Riverlane.
• 6:12
  SPEAKER_02: The moves extend a recent run of NVIDIA investments across Europe, as the company works to build demand for its hardware and software among governments, universities, and young companies.
• 6:26
  SPEAKER_04: Next, an AI acquisition.
• 6:28
  SPEAKER_04: Canadian AI company Cohere said on Thursday that it has signed a letter of intent to acquire AI Cell, a San Francisco startup that uses AI to find security vulnerabilities in software.
• 6:41
  SPEAKER_04: The deal would add cybersecurity to the business.
• 6:44
  SPEAKER_04: Cohere is building for governments and regulated industries that want to control their own AI systems.
• 6:50
  SPEAKER_04: It follows Cohere's earlier purchase of Reliant AI and its merger with the German AI lab, Aleph Alpha.
• 6:57
  SPEAKER_04: Financial terms were not disclosed, and a letter of intent is not yet a final agreement.
• 7:03
  SPEAKER_04: Cohere described the move as part of its push for what it calls cyber-resilient sovereign AI.
• 7:09
  SPEAKER_04: Turning to Apple.
• 7:10
  SPEAKER_01: Apple is preparing to launch its first Apple intelligence features in mainland China in December, according to a Bloomberg report.
• 7:17
  SPEAKER_01: The features are expected to arrive with an iOS software update, reportedly version 27.3, but without the new, more capable version of Siri.
• 7:27
  SPEAKER_01: Apple is reportedly working with Alibaba on content safeguards required by Chinese regulators, and with Baidu on search-related functions.
• 7:36
  SPEAKER_01: Apple has not confirmed the plan, and its own support pages still say Apple Intelligence is not available in mainland China.
• 7:44
  SPEAKER_01: A launch would end a long wait for Apple's AI features in one of its biggest markets.
• 7:49
  SPEAKER_05: Next, music and AI.
• 7:50
  SPEAKER_03: YouTube has started labeling songs made primarily with generative AI on YouTube music, and it plans to extend the labels to the main YouTube app.
• 8:00
  SPEAKER_03: The company announced the change on Wednesday.
• 8:02
  SPEAKER_03: The labels apply to tracks created mainly with AI tools, so not every song that used AI somewhere in production will carry one.
• 8:11
  SPEAKER_03: The move comes as streaming services face a flood of machine-generated music and growing pressure from artists and record labels to tell listeners what they are hearing.
• 8:22
  SPEAKER_03: For listeners, the label is meant to make clear when a song was generated mostly by software, rather than written and performed mainly by people.
• 8:31
  SPEAKER_05: Now AI in medicine.
• 8:33
  SPEAKER_00: IAMBic Therapeutics, an AI drug discovery company backed by NVIDIA, raised$150 million in its initial public offering.
• 8:42
  SPEAKER_00: The company priced$1.375 million shares at$16 each on Wednesday, and its stock was set to begin trading on the Nasdaq on Thursday, with the offering expected to close on Friday.
• 8:53
  SPEAKER_00: IABC uses AI models to design drug candidates with a pipeline focused on cancer.
• 8:59
  SPEAKER_00: It plans to use the money to advance clinical development, and the offering gives public investors their first direct stake in the company.
• 9:05
  SPEAKER_00: The listing is a test of public market appetite for AI-driven drug discovery.
• 9:10
  SPEAKER_05: Finally, light-based chips.
• 9:12
  SPEAKER_02: Oxford-based Salience Labs has raised an oversubscribed$125 million Series B round to build optical chips for AI data centers.
• 9:24
  SPEAKER_02: The round was led by Bullhound Capital, with AMD Ventures, Intel Capital, SBI Group, Hudson River Trading, and the British Business Bank taking part.
• 9:36
  SPEAKER_02: Saliience makes optical circuit switches that use light rather than electricity to connect large numbers of graphics processors.
• 9:45
  SPEAKER_02: The company says that the approach can cut the power needed to move data inside AI clusters, a growing problem as data centers strain electricity grids.
• 9:56
  SPEAKER_02: The money will fund manufacturing scale up, new switches with more ports, and expansion in Silicon Valley.
• 10:08
  SPEAKER_05: For DX today, stay curious.