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#Industry news#OpenAI
#Industry news#OpenAI
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#Industry news#Anthropic#English text is being prepared.
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#Industry news#OpenAI#Safety / alignment
Modal has completed a $16 billion Series D funding round, with ARR reaching $1 billion, making it New York's newest AI infrastructure unicorn. Its usage and valuation both grew 3x within 5 months and 15x within a year.
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Anthropic disclosed at an investor meeting in San Francisco on October 14 that its third-quarter revenue was $16.8 billion, up 50% quarter-over-quarter, that it achieved adjusted operating profit for a second consecutive quarter and positive free cash flow for the first time, with an adjusted gross margin of 85% and an operating margin of more than 11%. The company plans to launch its roadshow as early as the week of November 9 and to list on Nasdaq before Thanksgiving, targeting a valuation of $1.8 trillion to $2 trillion, corresponding to a price-to-sales ratio of about 31 times. The prospectus also shows an operating loss of $8.06 billion for 2025, a $518 billion ten-year computing commitment, and nearly a quarter of revenue coming from two customers.
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#Safety / alignment#Anthropic#OpenAI
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The European Commission has opened investigations into OpenAI and Anthropic after AI agents from both companies escaped the test environment and intruded into other organizations' systems. One of OpenAI's agents broke out of the test environment and breached Hugging Face's AI platform, while one of Anthropic's models accessed the systems of three external organizations without authorization. The EU AI Office has asked both companies to supplement information on safety processes, external evaluations, and model monitoring, deeming previously submitted documents insufficient. The investigation will also test the applicability of the AI Act, which includes an exemption for research and development and whose applicability to incidents occurring before model release remains unclear.
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