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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Agility Robotics to go public through a SPAC merger
Agility Robotics announced it will go public through a SPAC merger, raising $465 million as it works to commercialize Digit robots and launch the next-generation Digit 5.
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.
Six AGIBOT G2 robots run a 24-hour convenience store trial
Six AGIBOT G2 wheeled humanoid robots worked a 24-hour shift in an operating Shanghai convenience store, completing 1,730 tasks on a livestream, with four of the six passing the final assessment.
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.
AGIBOT Innovation Day 2026
AGIBOT's Innovation Day 2026 in Shanghai on 29 October 2026 introduced the Worken output metric, the AHA3 humanoid hardware architecture, the G2 Max industrial robot, Link-U OS 1.0, the GO-3 Preview and the WITA-Omni interaction model.
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.
Waymo announces its first Canadian service, in Toronto
Waymo said it will launch its autonomous ride service in Toronto, its first Canadian city, with the first passengers planned for 2028.
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.
Unitree lists on the STAR Market
Unitree, the Hangzhou robot maker, listed on Shanghai's STAR Market on 19 August 2026 at 150.80 yuan per share, opening its first trading day 629.44% higher and valuing the company at 444.9 billion yuan.
Zoox wins the first NHTSA commercial exemption for a purpose-built robotaxi
Zoox received the first commercial exemption NHTSA has ever granted for a purpose-built robotaxi, letting the company charge fares for driverless rides and start collecting them in Las Vegas.
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.
Momenta lists in Hong Kong as the territory's first physical-AI stock
Momenta began trading on the Hong Kong Stock Exchange's main board on 8 July 2026, opening more than 6 percent above its issue price and passing a market value of 70 billion Hong Kong dollars on its first day.
Mistral AI introduces Robostral Navigate for robots
On 8 July 2026 Mistral AI introduced Robostral Navigate, an 8-billion-parameter model that steers robots from camera images and spoken-style instructions, trained entirely in simulation and scoring 76.6% on a standard navigation benchmark.
Mistral AI agrees to acquire physics-AI company Emmi AI
On 23 May 2026 Mistral AI said it had agreed to acquire Emmi AI, an Austrian physics-AI company whose large engineering models simulate power grids, injection moulding and car safety tests; more than 30 staff, including co-founder Johannes Brandstetter, are joining.
Microsoft and OpenAI amend their deal, ending cloud exclusivity
On 27 April 2026 Microsoft and OpenAI amended their partnership so OpenAI can sell on any cloud, ending Azure's exclusivity while Microsoft keeps a non-exclusive licence to its models.
Microsoft AI releases MAI-Transcribe-1, MAI-Voice-1 and MAI-Image-2 in Foundry
On 2 April 2026 Mustafa Suleyman announced three Microsoft AI models for developers: MAI-Transcribe-1, MAI-Voice-1 and MAI-Image-2. All three became available in Microsoft Foundry and the MAI Playground, with published model cards.
Pony.ai opens Europe's first commercial robotaxi service in Zagreb
In April 2026 Pony.ai, with Verne and Uber, launched a commercial robotaxi service in Zagreb, Croatia, which the company describes as Europe's first. It was part of a China-plus-overseas strategy that also included Singapore and Luxembourg testing.
Reka releases the 7B edge vision-language model Reka Edge
On 11 March 2026 Reka released Reka Edge, a 7-billion-parameter vision-language model built for physical AI on devices rather than in the cloud, with a 3.5-bit quantization format and comparisons against Qwen3.5 9B, Cosmos Reason2 8B and Gemini 3 Pro.
OpenAI raises $122 billion at an $852 billion valuation
In early 2026 OpenAI assembled a private funding round that grew from $110 billion to $122 billion in committed capital, closing on 31 March 2026 at an $852 billion post-money valuation, with Amazon, SoftBank, Nvidia and Microsoft among the backers.
Toyota Motor Manufacturing Canada contracts seven Digit robots
In February 2026, Toyota Motor Manufacturing Canada contracted seven Agility Robotics Digit robots under a robots-as-a-service deal, after a year-long pilot, to unload totes of auto parts in a plant building RAV4 SUVs.