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Insilico Medicine listed on the Hong Kong Stock Exchange on 30 December 2025 under code 3696.HK, raising HKD 2.277 billion in what it called the largest Hong Kong biotech IPO of 2025 by funds raised.
On 11 December 2025, Runway announced GWM-1, a general world model that simulates environments in real time, released in Worlds, Avatars and Robotics variants and built on the company's Gen-4.5 model.
On 9 December 2025, Anthropic donated MCP to the Agentic AI Foundation, a directed fund under the Linux Foundation; MCP became a founding project alongside Block's goose and OpenAI's AGENTS.md while retaining technical autonomy.
On 9 December 2025 Mistral AI released Devstral 2, a 123B dense coding model, and the smaller Devstral Small 2, alongside Mistral Vibe, an open-source command-line coding agent built on them.
On 3 December 2025 Anthropic said Claude Code had reached $1 billion in run-rate revenue, and agreed to acquire Bun, a JavaScript runtime that had already worked with Anthropic on Claude Code's native installer.
MiniMax released MiniMax-M2.1, an open-weights model built for multilingual coding and tool use, with SWE-bench Multilingual rising from 56.5 to 72.5 over its predecessor M2.
In December 2025 Zhipu released GLM-4.7, an MIT-licensed open model aimed at multilingual agentic coding, with higher scores than GLM-4.6 on SWE-bench and Terminal Bench 2.0.
On 27 November 2025 DeepSeek released DeepSeekMath-V2, a model trained to check its own proofs. DeepSeek reported gold-level scores on IMO 2025 problems and 118 of 120 points on Putnam 2024, the latter with scaled test-time compute.
On 25 November 2025 the Model Context Protocol project published its November 2025 specification, adding task-based workflows, simpler authorisation, security and enterprise features, a formal extension mechanism, and new elicitation and sampling modes.
On 24 November 2025 Anthropic released Claude Opus 4.5 at $5 and $25 per million tokens, a third of the previous Opus price, with a new effort parameter for trading capability against cost.
On 19 November 2025 OpenAI released GPT-5.1-Codex-Max, an agentic coding model added to its Codex agent, and alongside it GPT-5.1 Pro, which replaced GPT-5 Pro.
On 18 November 2025 Google released Antigravity, a free public preview agentic development platform for macOS, Windows and Linux, in which agents work across the editor, terminal and browser.
On 6 November 2025 Mark Zuckerberg and Priscilla Chan announced a Biohub initiative pairing frontier AI with frontier biology; the EvolutionaryScale team joined it, and its chief scientist Alex Rives became Biohub's head of science.
On 20 October 2025 Anthropic launched Claude Code on the web, a research preview that lets developers hand coding tasks from a browser to Claude, running on Anthropic-managed cloud infrastructure.
On 16 October 2025 Anthropic introduced Agent Skills, folders of instructions, scripts and resources that Claude loads when a task calls for them. On 18 December 2025 the format was published as an open standard.
On 15 October 2025 Anthropic released Claude Haiku 4.5 to all users. It cost $1 and $5 per million tokens and matched Sonnet 4's coding performance at one-third the cost.
In late October 2025 MiniMax released MiniMax-M2, a 230-billion-parameter mixture-of-experts model built for coding and AI agents. It scored 61 on the Artificial Analysis Intelligence Index, which MiniMax said ranked first among open-source models.
On 29 September 2025 Anthropic released Claude Sonnet 4.5 at the same price as Sonnet 4, alongside the Claude Agent SDK, the toolkit behind Claude Code offered to other developers.
On 15 September 2025 OpenAI released GPT-5-Codex, a version of GPT-5 tuned for agentic software engineering, as the default model for its Codex coding agent, with API access following later that month at GPT-5 prices.
Anthropic announced a $13 billion Series F on 2 September 2025 at a $183 billion post-money valuation, led by ICONIQ, as run-rate revenue passed $5 billion and Claude Code passed $500 million.
In late September 2025 Zhipu released GLM-4.6 under the MIT License, with a 200K-token context window, stronger coding and agent abilities, and support for Chinese domestic chips.
