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.
Total 270 · Clear filters
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.
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.
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.
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.
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.
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.
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.
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.
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.