OpenAI reportedly raises $11B at a $1.25T valuation
Bloomberg reported on 6 November 2026 that OpenAI had raised $11 billion so far in an unclosed round valuing it at $1.25 trillion, below the $30 billion it reportedly sought.
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Claude adds a Personal Finance tool
On 5 November 2026 Anthropic launched Personal Finance for Claude, a read-only tool that connects bank and credit card accounts through Plaid so users can ask questions about their money in everyday language, with no ads or sponsored recommendations.
Court approves bidding procedures for the sale of Character.ai, with Disney as stalking horse
A US bankruptcy court approved the bidding procedures for the sale of Character.ai's assets, with a 13 October 2026 agreement with Disney Worldwide Services as the stalking horse and an auction set for 1 December 2026.
SenseTime launches SenseNova 6.8 Flash
On 5 November 2026 SenseTime announced the official version of SenseNova 6.8 Flash, a multimodal agent model for office and design work that offers free trial access.
Meta acquires AI coding startup Conductor
In early November 2026 Meta acquired Conductor, a startup whose platform runs multiple AI coding agents in parallel workspaces. Conductor's cloud service was set to shut down on 20 November 2026.
Fal doubles its valuation to $16B on $1.3B round
Fal, a startup that hosts and runs AI video, image and audio models, raised $1.3 billion at a $16 billion valuation, double its valuation from earlier in the year.
Marvell agrees to buy Lumentum in a $115B all-stock deal
Marvell agreed on 2 November 2026 to buy optical chip and networking equipment maker Lumentum in an all-stock deal valued at $115 billion including debt, one of the largest technology acquisitions on record.
iFlytek releases device-cloud Spark X2.6
On 22 October 2026 iFlytek released Spark X2.6, a device-cloud model series, at its developer festival in Beijing. The same event also launched a speech foundation model and a digital-employee platform.
Anthropic donates Agent Skills to the Agentic AI Foundation
On 22 October 2026 Anthropic handed the Agent Skills open standard — its name, logo, GitHub organisation and domain — to the Agentic AI Foundation, a Linux Foundation project, after more than 70 agent platforms had adopted it.
DeepSeek updates V4.1-Flash and opens its Search and Fetch APIs
On 17 October 2026 DeepSeek shipped DeepSeek-V4.1-Flash-1017, an update to its smallest model with better benchmarks, faster task completion and shorter outputs; its weights were published and its Search and Fetch APIs opened at $0.75 per 1,000 calls.
IFM and Inception42 release the six-model Jais 3 family
On 15 October 2026, IFM and Inception42 announced Jais 3, six Arabic-centric language models from 900 million to 375 billion parameters plus a speech recogniser, evaluated on 24 audited Arabic benchmarks.
Physical Intelligence opens the Pi API beta
On 13 October 2026, Physical Intelligence opened a beta of the Pi API, a service that lets customers upload their own robot data, fine-tune the company's models and run cloud-hosted inference on their own machines.
Character.ai files for Chapter 11 to sell the company
On 12 October 2026 Character.ai began a voluntary Chapter 11 case in Delaware to carry out a court-supervised sale of the company, warning that the platform will be wound down if no actionable bid emerges.
Anthropic releases Claude Haiku 5.5
Released on 7 October 2026, Claude Haiku 5.5 is the third model of the Claude 5.5 family. It is the first Haiku model with an adjustable effort setting, and its prices start at $0.10 per million input tokens.
MiniMax releases MiniMax-M3.1-Flash
MiniMax posted the weights of M3.1-Flash to Hugging Face on 17 October 2026. The model is a multimodal M3-line release with about 428 billion parameters, MiniMax Sparse Attention throughout, and DSpark speculative decoding.
Moonshot AI releases Kimi K3.1 Pro
In October 2026 Moonshot AI released Kimi K3.1 Pro, an open-weights upgrade for financial research, 3D modeling and coding. It was the first model in the K3.1 series.
SpaceXAI releases Grok 4.7
On 21 September 2026 xAI released Grok 4.7, with a larger base model and a longer reinforcement-learning run. Its Fast variant was limited to Cursor and Grok Build.
Character.ai's CEO joins Disney as its CTO
On 18 September 2026 Character.ai said its CEO Karandeep Anand was joining Disney as its Chief Technology Officer, a newly created role, with members of Character's technical team expected to follow.
DeepSeek releases DeepSeek-V4.1-Flash with a causal encoder–decoder design
On 10 September 2026 DeepSeek released DeepSeek-V4.1-Flash, a multimodal model with a causal encoder-decoder design that splits its active parameters between reading input and writing output. Its KV cache is much smaller than that of the previous generation.
OpenAI releases GPT-6 Astra
On 3 September 2026 OpenAI began rolling out GPT-6 Astra, first to its Daybreak cybersecurity program and then to ChatGPT paid plans, the API and AWS, after pausing some research following the July breach.