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.
Google announces Gemini 4 Carbon
Google's frontier model announced on 28 October 2026, released first to cyber defenders and reporting leading scores on intelligence, coding and cybersecurity benchmarks.
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.
Google launches Gemini 4 Argon
Google gave Gemini 4 Argon to trusted security partners in September 2026 and released it worldwide on 13 October, opening its newest frontier model to developers, enterprises and subscribers while naming Gemini 4 Carbon as the next model in the family.
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.
IBM releases Granite 4.2 with built-in reasoning modes
IBM released the Granite 4.2 family on 25 August 2026, with native reasoning that streams inside think tags and can be switched between full, low-effort and non-thinking modes per query.
Alibaba releases Qwen3.8-Max, a 2.4-trillion-parameter model
Alibaba released Qwen3.8-Max, a 2.4-trillion-parameter model, as a cloud service on 3 August 2026, and published open weights for a variant of it on 12 August 2026.
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.
Council gives final approval to simplified AI Act rules
On 29 June 2026 the Council of the EU gave final approval to a regulation streamlining the bloc's AI rules, carried in the Omnibus VII package; the amendments entered into force on 27 July 2026.
NVIDIA releases Nemotron 3 Ultra, a 550B open model
On 4 June 2026 NVIDIA released Nemotron 3 Ultra, the largest model in its Nemotron 3 family, with 550 billion total parameters and 55 billion active per token.
Microsoft AI launches seven MAI models led by MAI-Thinking-1
On 2 June 2026 Mustafa Suleyman announced seven new in-house MAI models at Microsoft Build, led by the reasoning model MAI-Thinking-1. The group also included coding, image, transcription and voice models, and a healthcare collaboration with Mayo Clinic.
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.
DeepSeek releases the DeepSeek-V4 preview with a 1M-token context
On 24 April 2026 DeepSeek released the DeepSeek-V4 preview, two open mixture-of-experts models with a 1M-token context that became the default across its official services. Both models support thinking and non-thinking modes.
OpenAI releases GPT-5.5
OpenAI released GPT-5.5 Thinking and GPT-5.5 Pro to paid ChatGPT users on 23 April 2026, then extended the models to Codex and the API, reporting strong benchmark results and later making a faster GPT-5.5 Instant the default.
Meta Superintelligence Labs releases Muse Spark
On 8 April 2026 Meta Superintelligence Labs released Muse Spark, the first model from the lab and the first of the Muse series. It is closed: its weights were not released, and it was offered through a private API preview.
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.