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.
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.
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, 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.
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.
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.
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.
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 29 September 2026 OpenAI released GPT-6.1 Sol at its DevDay developer event, saying it nearly matched GPT-6 Astra at lower cost. A planned Astra release was withheld over safety results, and GPT-6.1 Terra followed in October.
On 28 September 2026 ElevenLabs released Eleven v4, a text-to-speech model it calls its most emotive yet, alongside a low-latency Turbo variant; the company says it topped Artificial Analysis and was preferred by about 75% of listeners in blind tests.
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.
On 22 September 2026 PixVerse announced R2, a scaling release of its real-time world model that adds more data, tasks and input types at the same latency, and showed it running playable, prompt-editable worlds.
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.
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.
On 9 September 2026 Suno released v6, a new generation of music models built with Warner Music Group, BMG and Believe, offered in three versions and paired with safeguards that screen uploaded audio and lyrics.
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.
Runway published GWM Worlds 2 on 3 September 2026, a research preview that turns high-fidelity video and audio generation into a real-time interactive world model steered by text actions and camera motion.
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 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.
On 25 August 2026 Stability AI announced a $76 million Series B whose investors include Sony Music, Universal Music, Warner Music, Electronic Arts and AMD Ventures, taking the funding raised under CEO Prem Akkaraju to about $232 million.