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.
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.
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.
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.
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.
Mistral AI releases Mistral Small 4
On 16 March 2026, Mistral AI released Mistral Small 4, a 119B mixture-of-experts model under Apache 2.0 that combines reasoning, image input and agentic coding in one model.