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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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.
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.
NVIDIA releases Nemotron 3.5 Transcribe and Granary 2
On 28 October 2026 Nvidia released Nemotron 3.5 Transcribe, an open-weight, free speech recognition model covering up to 40 languages, alongside the second version of its Granary speech dataset.
Liquid AI adds an omni-modal model to the LFM3 family
On 21 October 2026 Liquid AI released LFM3-Omni-2B, the first omni-modal model in its LFM3 family, taking text, images, video and audio as input and returning text or speech. At 2.17B parameters it targets phones and laptops.
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.
Kuaishou rolls out Kling 4.0
On 15 October 2026 Kuaishou's video generation model Kling 4.0 became available to all users, adding longer shots, more dynamic motion and Omni Reference, with a faster Flash variant released alongside it.
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.
Mistral AI unveils Mistral Large 4, a trillion-parameter open-weight model
On 6 October 2026 Mistral AI opened a public preview of Mistral Large 4, a model with about 1 trillion total parameters. On 29 October 2026 it released open weights of an improved version.
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.
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.
Nvidia agrees to acquire Hugging Face for $12.93 billion
On 3 September 2026 Nvidia agreed to acquire Hugging Face for $12.93 billion. Hugging Face said it would remain an open platform, and the deal was expected to close in the first half of 2027 pending regulatory approval.
SenseTime releases SenseNova U1.5 with native 4K generation
On 20 August 2026 SenseTime released SenseNova U1.5-8B-MoT, an open-weight model that generates images natively up to 4096x4096 pixels, after a preview in July.
MCP publishes the 2026-07-28 specification with a stateless core
On 28 July 2026 the Model Context Protocol project published a specification built on a stateless core, turning MCP into a request/response protocol whose requests any instance behind a plain round-robin load balancer can serve.
Black Forest Labs announces the multimodal FLUX 3
On 23 July 2026 Black Forest Labs announced FLUX 3, a model family for images, video, audio and actions. The video model became generally available on 4 August 2026.
Moonshot AI releases the 2.8-trillion-parameter Kimi K3
Moonshot AI released Kimi K3 on 16 July 2026, a model with 2.8 trillion total parameters. Its weights followed on 27 July 2026 under the Kimi K3 License.
Thinking Machines Lab releases Inkling, an open-weight 975B model
On 15 July 2026 Thinking Machines Lab released Inkling, an open-weight mixture-of-experts model with 975 billion total parameters. A smaller version followed on 31 July 2026.
OpenAI launches GPT-Live full-duplex voice in ChatGPT
On 8 July 2026 OpenAI launched GPT-Live, a generation of full-duplex voice models for ChatGPT that can listen and speak at the same time; the smaller model became ChatGPT's default voice model.
Apple introduces AFM 3 and Siri AI at WWDC 2026
On 8 June 2026, at WWDC, Apple introduced AFM 3, its third generation of foundation models, and Siri AI, a more personal assistant for iOS 27. Developer testing began the same day, and the launch was limited in the EU and China.
MiniMax releases natively multimodal MiniMax-M3 with sparse attention
In June 2026 MiniMax released M3, a natively multimodal model with about 428 billion total parameters, 1-million-token context and a new attention method, MiniMax Sparse Attention. MiniMax reported 9 times faster prefill and 15 times faster decoding than M2 at full context.