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.
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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.
The Agentic AI Foundation passes 300 members in under a year
The Agentic AI Foundation reported 305 member organisations in under a year, saying agents are moving from developer experiments to institutional infrastructure.
AAIF adds Agent Skills, Open Responses, OpenEnv and OpenSandbox
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.
Anthropic donates Agent Skills to the Agentic AI Foundation
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.
OpenAI releases GPT-6.1 Sol at DevDay 2026
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.
Runway publishes GWM Worlds 2, a real-time interactive world model
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.
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.
DeepSeek-V4-Pro reaches general availability
On 13 August 2026 DeepSeek launched the general-availability version of DeepSeek-V4-Pro, with agent upgrades, adjustable reasoning effort, OpenAI Responses API support and peak and off-peak API pricing.
Lovable raises a $400M Series C at a $13.3B valuation
Lovable raised a $400M Series C on 12 August 2026 at a $13.3B valuation, led by Menlo Ventures, after users created more than 60 million projects on the platform since its November 2024 launch.
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.
Google releases Gemini 3.6 Flash, 3.5 Flash-Lite and 3.5 Flash Cyber
On 21 July 2026 Google announced three Gemini models at once: Gemini 3.6 Flash, a cheaper and faster 3.5 Flash-Lite, and 3.5 Flash Cyber, a security-focused variant limited to governments and trusted partners.
SpaceXAI releases Grok 4.5, co-trained with Cursor
On 16 July 2026 xAI released Grok 4.5, co-trained with Cursor, and made it the default model in Grok Build. xAI also published its coding benchmark results.
Meta releases Muse Spark 1.1 and opens the Meta Model API
On 9 July 2026 Meta released Muse Spark 1.1, an upgrade built for agentic tasks, with a 1-million-token context and access for developers through the Meta Model API in public preview.
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.
TRAE splits into TRAE Work and TRAE IDE
On 9 June 2026 TRAE renamed its standalone SOLO agent as TRAE Work, an AI workspace for product managers, analysts, marketers and others. TRAE IDE stayed as the product for developers.
LG AI Research open-weights its first vision language model, EXAONE 4.5
On 9 April 2026 LG AI Research released EXAONE 4.5, its first open-weight multimodal model: a 33B vision-language system aimed at document understanding, with a 256K context window and the earlier EXAONE licence.
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.
ggml.ai, the team behind llama.cpp, joins Hugging Face
On 20 February 2026, ggml.ai — the founding team of llama.cpp — joined Hugging Face, which is to provide long-term resources while ggml and llama.cpp stay 100% open source and community-run.
India hosts the AI Impact Summit 2026
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.
Runway raises $315 million at a $5.3 billion valuation
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.