Releases

Anthropic raised a $30 billion Series G led by GIC and Coatue, with a $380 billion post-money valuation.

OpenAI released a research preview of GPT-5.3-Codex-Spark, a smaller model optimized for near-real-time coding.

CEO Arthur Mensch told the Financial Times that Mistral's annualized revenue run rate was north of $400 million, up from about $20 million a year earlier, and that the company is set to pass $1 billion in ARR by the end of 2026.

ElevenLabs launched a dedicated public-sector offering for citizen services and government workflows.

Synthesia disclosed that annual recurring revenue had scaled from $40 million to approximately $140 million over three years.

Runway made Gen-4.5 available to developers for text-to-video and image-to-video generation.

Runway raised a $315 million Series E at a $5.3 billion valuation.

Databricks disclosed a $1.4 billion annual revenue run-rate for its AI products.

Databricks completed about $5 billion of equity financing at a $134 billion valuation plus roughly $2 billion of additional debt capacity.

Sierra reported more than $150 million in annual recurring revenue as it entered its third year.

Suno added warp markers, Remove FX, alternates, and time-signature support to Studio.

Baidu released a 2.4T-parameter unified model trained jointly across text, image, video and audio.

CoreWeave introduced a new brand positioning centered on being the essential cloud platform for production AI.

Baseten raised $300 million in a Series E led by IVP and CapitalG, with participation including NVIDIA.

CoreWeave introduced ARENA, a production-scale lab for testing AI workload performance, economics, and operational readiness before deployment.

Perplexity launched Model Council, allowing users to query multiple frontier models and synthesize their agreements and disagreements.

Anthropic released Claude Opus 4.6 with stronger coding, longer-running agentic work, improved knowledge work, and a one-million-token context window in beta.

OpenAI released GPT-5.3-Codex, an interactive agentic coding model for complex software and professional work.

ElevenLabs released a conversationally optimized v3 model with improved turn-taking, latency, and expressiveness.

ElevenLabs raised $500 million at an $11 billion valuation.

AIP Document Intelligence became generally available for extracting, structuring, and reasoning over documents.

Mistral AI released two second-generation Voxtral transcription models for production speech-to-text workloads.

Eleven v3 moved from alpha to general availability.

SpaceX acquired X.AI Holdings in an all-stock merger. Reporting tied to the transaction valued xAI at about $250 billion and SpaceX at $1 trillion, implying a combined $1.25 trillion value.

Anthropic named the Allen Institute and Howard Hughes Medical Institute as founding life-sciences partners to develop specialized AI agents and accelerate scientific discovery.