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CoreWeave • CoreWeave

CoreWeave bonds turn distressed as yield gap over government debt hits 1,000 basis points: CoreWeave’s bonds slipped into distressed territory by a common definition, with investors demanding 1,000 basis points more in yield than government bonds, The Verge reported. Chamath Palihapitiya noted the distressed debt and asked whether the AI buildout was a private credit bubble.

Anthropic • Anthropic

Anthropic told investors Q3 revenue rose to $16.8B from $11.5B, sources say: Sources said Anthropic told investors its Q3 revenue jumped to $16.8B, up from $11.5B in Q2, and that it was profitable on an adjusted basis in Q3. The AI startup gathered investors in San Francisco on Wednesday ahead of an anticipated public listing.