Releases

Lovable reported passing $100 million in annual recurring revenue eight months after its first $1 million.

Oracle added xAI's Grok 4 model to OCI Generative AI.

GitHub opens Spark to public preview for building and deploying full-stack applications from natural-language prompts.

Oracle committed to operate and expand large-scale AI infrastructure for OpenAI's Stargate program.

OpenAI and Oracle agreed to develop 4.5 gigawatts of additional U.S. Stargate data-center capacity.

Runway released Act-Two for advanced motion capture and performance transfer.

Lovable raised a $200 million Series A led by Accel.

Perplexity raised approximately $100 million at an $18 billion valuation.

Le Chat added Deep Research, multilingual reasoning, image editing, projects and expanded voice capabilities.

OpenAI launched ChatGPT agent, combining web interaction, research, and execution capabilities in a unified agent.

Scale reduced approximately 200 employee roles and contractor assignments after determining it had expanded its generative-AI capacity too quickly, while prioritizing enterprise, government, and international growth.

AWS introduced managed runtime, memory, identity, gateway, observability, browser and code-execution services for AI agents.

OpenEvidence raised $210 million in Series B financing to scale its medical information platform.

Thinking Machines Lab closed a $2 billion seed financing led by Andreessen Horowitz with participation from NVIDIA, Accel, AMD, Cisco, ServiceNow and Jane Street.

Mistral AI released Voxtral Small and Voxtral Mini, open speech-understanding models for transcription and audio reasoning.

Anthropic launched an integrated financial-analysis solution with data connectors, Claude Code, and enterprise deployment support.

Cognition acquired Windsurf and its agentic IDE business, combining Devin's cloud agent with Windsurf's developer environment and go-to-market organization.

xAI launched its government suite and announced a U.S. Department of Defense agreement with a $200 million ceiling, plus availability through the GSA schedule.

xAI added animated AI companions to the Grok mobile experience.

AWS introduced an agentic AI development environment centered on specifications and automated hooks.

Meta announced Hyperion, a Louisiana AI data-center campus planned to scale to five gigawatts of compute capacity.

Moonshot published the post-trained Kimi K2 Instruct checkpoint for agentic and coding tasks.

Moonshot published the base pretrained Kimi K2 checkpoint.

Moonshot introduced Kimi K2, a one-trillion-parameter mixture-of-experts model with 32B active parameters.

Mistral AI expanded the Devstral family with Devstral Small 1.1 and a larger Devstral Medium model.

Hugging Face and Pollen Robotics launched Reachy Mini, a compact open-source desktop robot aimed at developers, researchers, and educators.

Perplexity launched Comet, an AI-native browser with an embedded assistant, initially for Max subscribers and waitlisted users.

xAI removed inappropriate Grok posts containing antisemitic tropes and praise for Hitler, tightened hate-speech controls and later explained that a system update had made the bot too susceptible to extremist user content.

xAI launched Grok 4 with native tool use and real-time search, plus the higher-compute Grok 4 Heavy multi-agent variant.

Microsoft releases Phi-4 Mini Flash Reasoning for fast reasoning on edge, mobile and real-time systems.

Hugging Face released a fully open 3B multilingual model with 128K context, switchable reasoning, tool use, and a disclosed training recipe.

CoreWeave announced an all-stock agreement to acquire Core Scientific and increase direct ownership of power and HPC data-center infrastructure.

Ilya Sutskever took over as chief executive after co-founder and former CEO Daniel Gross left the company; Daniel Levy became president.

Mistral AI introduced AI for Citizens, a sovereign AI offering for governments and public-sector institutions.

Palantir launched Warp Speed for Warships to apply industrial AI and manufacturing software to U.S. shipbuilding.

Perplexity launched Max, a premium subscription tier with expanded access to frontier models and new products.

Skild AI raised a reported $135 million Series B backed by strategic and venture investors including NVIDIA, Samsung and SoftBank.

Baidu introduced enterprise AI agents designed as role-specific digital workers.

Morgan Stanley arranged $5 billion of debt financing and xAI separately raised $5 billion in strategic equity to fund AI infrastructure and product development.

Lovable introduced Agent Mode in beta, enabling the product to plan and take actions autonomously while building software.

CoreWeave had a public equity market capitalization of approximately $83.1 billion as of Jun 30, 2025 (NASDAQ: CRWV), per StockAnalysis period-end data.

Baidu had a public equity market capitalization of approximately $29.5 billion as of Jun 30, 2025 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $274.0 billion as of Jun 30, 2025 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $321.7 billion as of Jun 30, 2025 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.856 trillion as of Jun 30, 2025 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.329 trillion as of Jun 30, 2025 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $2.145 trillion as of Jun 30, 2025 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $3.697 trillion as of Jun 30, 2025 (NASDAQ: MSFT), per StockAnalysis period-end data.

Suno acquired WavTool to add advanced digital-audio-workstation technology.

Baidu open-sourced ten ERNIE 4.5 variants spanning dense and mixture-of-experts text and vision-language models.

Meta consolidated its frontier AI efforts into Meta Superintelligence Labs, led by Chief AI Officer Alexandr Wang with Nat Friedman overseeing AI products and applied research.

Crusoe and Redwood Materials announced a large second-life EV-battery deployment intended to support modular AI infrastructure.

Crusoe launched Spark, a turnkey prefabricated modular AI data-center system for deploying scalable compute near demand.

Google releases Gemma 3n weights and tools for efficient multimodal AI on edge devices.

Genspark reported that Super Agent reached $10 million ARR in nine days and $36 million ARR after 45 days.

Legora launched an agentic framework for orchestrating multi-step legal tasks from natural-language instructions.

ElevenLabs released Voice Design v3 for creating voices from natural-language descriptions.

Oracle and xAI made Grok 3 and Grok 3 Mini available through OCI Generative AI.

Google DeepMind introduces AlphaGenome to predict regulatory effects of DNA sequence variants at high resolution.

Harvey made its customizable Workflow Builder available to all customers; the product later became Agent Builder.

Google DeepMind introduces an on-device vision-language-action model that runs locally on robots.

Abridge reported partnerships with more than 150 enterprise health systems in the United States.

Abridge closed a $300 million Series E led by Andreessen Horowitz and joined by Khosla Ventures.

Harvey raised $300 million at a $5 billion valuation.

Google transfers the A2A protocol project to the Linux Foundation to support neutral, industry-wide governance.

Mistral AI released Mistral Small 3.2 with improved instruction following, function calling and reduced repetition.

Meta and EssilorLuxottica introduced performance-focused Oakley Meta HSTN AI glasses.

Harvey and LexisNexis partnered to integrate primary law, Protégé, and Shepard's citations and co-develop legal workflows.

Midjourney released its first image-to-video model to the full community.

Databricks introduced managed Model Context Protocol servers for Unity Catalog functions, Genie spaces and AI Search indexes.

Applied Intuition announced a $600 million Series F financing and tender offer, comprising primary and secondary capital.

Google introduces Gemini 2.5 Flash-Lite as a high-throughput, low-cost model in preview.

Google makes Gemini 2.5 Pro and Gemini 2.5 Flash generally available for developers and enterprises.

Cursor introduced the $200-per-month Ultra tier for power users with substantially higher usage.

Moonshot released a 72B software-engineering model optimized using reinforcement learning.

Runway released an MCP server for connecting compatible AI agents to generation tools.

Crusoe announced a collaboration with AMD to bring additional AI cloud infrastructure and accelerated-computing options to market.

Databricks introduced a simplified business-user front door to Genie spaces, dashboards and apps.

AI/BI Genie became generally available across AWS, Azure and Google Cloud, alongside a new knowledge store and planned Deep Research mode.

Meta made a $14.3 billion strategic investment for a 49% non-voting minority stake in Scale AI, valuing the independent company at over $29 billion and expanding the commercial partnership.

Founder and CEO Alexandr Wang left day-to-day management to join Meta’s AI efforts while remaining a Scale director; Chief Strategy Officer Jason Droege became interim CEO.

Perplexity closed a $500 million financing led by Accel at a $14 billion valuation.

Meta made a $14.3 billion non-voting minority investment in Scale AI and expanded the companies' commercial relationship; Scale was valued above $29 billion.

Crusoe secured a $750 million credit facility from Brookfield to accelerate energy-first AI factory development.

Disney and Universal filed copyright litigation challenging Midjourney's model training and outputs.

Databricks and Microsoft expanded integration across Azure Databricks, Microsoft 365 and governed enterprise agents.

Databricks released MLflow 3 with unified tracking, evaluation, observability and governance for models and agents.

Databricks introduced Agent Bricks, which generates task-specific data and benchmarks to optimize agents for enterprise use cases.

Databricks introduced Lakebase, a serverless Postgres category designed for operational data and AI agents.

Hugging Face and NVIDIA introduced a managed service for research organizations to access large GPU clusters for foundation-model training.

Perplexity partnered with European model providers to bring additional European AI models to global users.

Mistral AI announced Mistral Compute, a sovereign European AI cloud developed with NVIDIA infrastructure and European partners.

Meta released V-JEPA 2 for video understanding, physical-world prediction and zero-shot robot planning.

NVIDIA expanded DGX Cloud Lepton with European cloud providers, AWS and Azure participation, and Hugging Face training integration.

Glean reported that its agent platform was powering more than 100 million agent actions annually.

Glean raised $150 million in Series F financing led by Wellington Management to support product innovation, partnerships and international growth.

Applied Intuition and OpenAI announced a strategic collaboration to integrate frontier AI models into vehicle intelligence and accelerate next-generation mobility applications.

Replit launched import workflows for turning designs into applications.

Perplexity published work on accelerating Sonar inference through speculative decoding.

Mistral AI released Magistral Small and Magistral Medium, its first reasoning-focused model family.