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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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.
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.
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.
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.
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.
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.
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.
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.
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.
Mistral AI acquires Koyeb
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.
Amazon leads OpenAI's $110 billion funding round with $50 billion
In February 2026 OpenAI raised $110 billion at a $730 billion valuation, led by Amazon's $50 billion — at the time the largest private technology fundraise in history — a round that later closed at $122 billion.
Alibaba unveils its Zhenwu PPU chip
On 29 January 2026 Alibaba's chip unit T-Head listed the Zhenwu 810E, formally revealing a PPU accelerator the company had kept under wraps and completing its combination of Qwen models, cloud and chips.
Apple and Google announce Gemini-based collaboration for Apple's foundation models
On 12 January 2026 Apple and Google announced a multi-year collaboration in which Google's Gemini models and cloud technology would underpin Apple's next generation of foundation models, while Apple said its privacy standards would stay unchanged.
Databricks raises over $4 billion Series L at a $134 billion valuation
On 16 December 2025 Databricks announced a Series L of more than $4 billion at a $134 billion valuation, up 34% from its August 2025 round, alongside a $4.8 billion revenue run-rate.
Anthropic donates MCP to the Agentic AI Foundation
On 9 December 2025, Anthropic donated MCP to the Agentic AI Foundation, a directed fund under the Linux Foundation; MCP became a founding project alongside Block's goose and OpenAI's AGENTS.md while retaining technical autonomy.