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.
OpenAI launches ChatGPT Cyber for vulnerability hunting
On 5 November 2026 OpenAI released ChatGPT Cyber, a model for cybersecurity work, limited to the top tier of its Daybreak Red programme. OpenAI says it scanned the Linux kernel and found flaws in Firefox.
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.
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.
PFN releases a 53-language translation model built with NICT
On 26 October 2026 PFN released the weights of PLaMo 3 Translate, a 53-language translation model built on a base model from joint research with NICT, in four sizes from 0.8B to 31B and several quantised formats.
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.
Meta releases the open-weight Muse Spark Open
On 15 October 2026 Meta released Muse Spark Open, an open-weight, natively multimodal model with 816 billion total parameters, optimised to run on Apple's Mac Studio. Its weights were published on Hugging Face.
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.
Anthropic releases Claude Sonnet 5.5
Released on 28 September 2026, Claude Sonnet 5.5 is the second model of the Claude 5.5 family. It kept the price of Sonnet 5 and was the first Sonnet model to ship with cyber safeguards and anti-distillation classifiers.
Anthropic releases Claude Opus 5.5
Released on 22 September 2026, Claude Opus 5.5 is the first model of the Claude 5.5 family. Anthropic said it matched Claude Fable 5.1 on most work, at a lower price.
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.
iFlytek releases Spark X2.5
On 7 September 2026 iFlytek released Spark X2.5, a 293B-A30B mixture-of-experts model trained and served on domestic compute, focused on code and agent tasks, with open-source on-device models supporting up to 1 million tokens of context.
IFM launches the six-model K2 Horizon fleet
On 3 September 2026 the Institute of Foundation Models announced K2 Horizon, a fleet of six models released together, each shipped with its training data, recipe and evaluations, and steered by a router that picks the cheapest adequate model per task.
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.
Google releases Gemini 3.8 Flash and 3.8 Flash Cyber
On 2 September 2026 Google released Gemini 3.8 Flash and Gemini 3.8 Flash Cyber, a security-focused variant limited to vetted defenders, three weeks after Gemini 3.7 Flash.
StepFun releases Step 5 Preview
In September 2026 StepFun released Step 5 Preview as its new flagship foundation model. It is a sparse MoE with 600 billion total parameters, supports up to 1 million tokens of context, and is offered through the StepFun Open Platform API.