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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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.
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 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.
The Agentic AI Foundation reported 305 member organisations in under a year, saying agents are moving from developer experiments to institutional infrastructure.
On 22 October 2026 the Agentic AI Foundation added four projects — Agent Skills from Anthropic, Open Responses from OpenAI, OpenEnv from Hugging Face and OpenSandbox from Alibaba — bringing it to 10 hosted projects covering different layers of the agentic stack.
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.
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.
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.
On 1 September 2026 Anthropic released Claude Fable 5.1 and Claude Mythos 5.1. Prices stayed at $10 and $50 per million tokens, and Mythos 5.1 is offered through verification programmes.
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.
On 24 July 2026 Anthropic released Claude Opus 5 at $5 and $25 per million tokens. Anthropic said it came close to Claude Fable 5's frontier intelligence at half the price.
On 9 June 2026 Anthropic released Claude Fable 5, its first Mythos-class model for general use, and Claude Mythos 5, the same model with some safeguards lifted for vetted partners. Both were priced at $10 and $50 per million tokens.
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.
On 12 May 2026 Isomorphic Labs announced a $2.1 billion Series B round led by Thrive Capital, money the company says will scale its business globally and push its drug candidate pipeline forward.
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.
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.
In March 2026 Ali Farhadi stepped down as CEO of the Allen Institute for AI after about two and a half years in the role, and founding member Peter Clark returned as interim chief executive.
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.
India hosted the AI Impact Summit 2026 in New Delhi from 16 to 21 February 2026, the first edition of the global AI summit series held in the Global South. A declaration was endorsed by 92 countries and organisations, and 13 model providers signed frontier AI commitments.
On 10 February 2026 Runway announced a $315 million Series E at a $5.3 billion valuation, nearly double its previous valuation, and said the money would fund pre-training of next-generation world models.
In February 2026, Mistral AI acquired Koyeb, a Paris-based startup offering high-performance serverless infrastructure. It was Mistral's first acquisition and brought 13 employees, with Koyeb's product and expertise to support environments such as sandboxes and MCP servers.