Releases

Baidu introduced a sparse-attention inference update for faster long-context performance.

OpenAI and Microsoft announced a non-binding memorandum of understanding for the next phase of their partnership, alongside plans for the nonprofit to control a public benefit corporation and hold a substantial equity stake.

Announcing its $250 million round at a $3 billion valuation, Replit said annualized revenue had grown from $2.8 million to $150 million in less than a year.

The Information reported that Perplexity's annual recurring revenue was approaching $200 million as it raised $200 million at a $20 billion valuation, up from the $150 million-plus ARR its communications team confirmed the month before.

Replit released Agent 3 with browser testing, self-repair, and the ability to create agents and automations.

Perplexity raised $200 million at a $20 billion valuation.

At its Series C, Mistral claimed annualized revenue of €300 million, roughly ten times its level at the end of 2024. Converted from EUR 300,000,000 at 1.1744 USD per EUR (ECB reference rate on the release date).

OCI Generative AI added beta access to OpenAI's gpt-oss open-weight models.

CoreWeave launched a venture initiative offering capital, compute, and technical expertise to companies building AI infrastructure and applications.

Mistral AI raised €1.7 billion in a Series C led by ASML at an €11.7 billion post-money valuation.

NVIDIA unveiled Rubin CPX, a GPU class designed for massive-context inference, with availability expected by the end of 2026.

Cognition raised more than $400 million led by Founders Fund as adoption and revenue for Devin accelerated.

ElevenLabs announced a $100 million employee tender offer valuing the company at $6.6 billion.

Databricks announced the close of a $1 billion Series K at a valuation above $100 billion.

Databricks disclosed that its AI products had exceeded a $1 billion annual revenue run-rate.

Perplexity launched a secure government offering with public-sector procurement and deployment options.

Baseten raised a $150 million Series D led by BOND to expand its production inference platform.

Moonshot released a K2 checkpoint with improved coding, instruction following and long-context performance.

Moonshot launched Kimi Agent alongside the updated K2 model experience.

Anthropic agreed to a proposed $1.5 billion settlement with authors and publishers over pirated copies of books used in model development.

Synthesia released its full-body avatar video and voice engine with in-context voice cloning and 1080p, 30fps output.

Sierra reported hundreds of customers across financial services, healthcare, telecommunications, retail and consumer services.

Sierra raised $350 million in additional capital led by Greenoaks to expand Agent OS and its international business.

Warner Bros. Discovery filed a copyright lawsuit against Midjourney.

Google releases EmbeddingGemma, an open multilingual embedding model optimized for on-device retrieval.

Replit introduced a read-only planning mode for safer collaboration with Agent.

CoreWeave entered an agreement to acquire OpenPipe and add reinforcement-learning post-training for AI agents to its developer platform.

Mistral AI introduced persistent memory capabilities for agents and applications.

Le Chat added custom MCP-server support, enterprise connectors and persistent memories.

Amazon introduced real-time visual product recognition and matching in the shopping app.

Anthropic completed a $13 billion Series F led by ICONIQ at a $183 billion post-money valuation.

Runway expanded node-based workflows for multi-stage media generation and post-production.

Scale updated its mission to developing reliable AI systems for the world’s most important decisions, reflecting its expansion from data infrastructure into applications and evaluation.

The U.S. defense department awarded Scale a five-year production agreement with an initial $100 million ceiling for data operations, computer vision, GenAI, and Donovan capabilities.

Hugging Face discontinued HUGS model-deployment containers and directed users toward enterprise collections and other deployment paths.

Oracle had a public equity market capitalization of approximately $635.2 billion as of Aug 31, 2025 (NYSE: ORCL), per StockAnalysis period-end data.

Anthropic disclosed that annualized revenue had exceeded $5 billion by August 2025.

Oracle opened beta access to Google Vertex AI through OCI Generative AI.

Cohere released its first dedicated machine-translation model, supporting 23 languages and private deployments.

xAI released a speedy and economical reasoning model optimized for agentic coding.

Microsoft AI releases MAI-Voice-1, its first in-house expressive speech-generation model, through Copilot experiences.

Microsoft AI begins public testing of MAI-1 Preview, its first end-to-end internally trained foundation model.

NVIDIA reported Q2 fiscal 2026 revenue of $46.7 billion, up 56% year-over-year and 6% sequentially. Data Center revenue reached $41.1 billion. Net income was $26.4 billion (GAAP). NVIDIA approved an additional $60 billion share repurchase authorization.

Perplexity introduced Comet Plus, a subscription program designed to fund participating publishers and premium content.

xAI and X filed a U.S. federal antitrust suit alleging that Apple and OpenAI conspired to disadvantage rival generative-AI products and Grok in App Store distribution.

NVIDIA began availability of its Blackwell-powered Jetson Thor robotics computer.

xAI released the trained Grok-2 checkpoint for community use under the Grok 2 Community License.

DeepSeek released a hybrid thinking model with improved reasoning efficiency and agent capabilities.

Cohere launched a controllable hybrid reasoning model for complex enterprise agents across 23 languages.

xAI published the Grok 4 model card covering evaluations, safeguards, abuse potential and dual-use capabilities.

xAI released the Collections API for file upload, embeddings and retrieval-augmented inference.

Cohere announced former Uber executive Francois Chadwick as chief financial officer alongside its funding round.

Radical Ventures and Inovia Capital co-led a $500 million financing with AMD, NVIDIA, PSP, Salesforce Ventures and HOOPP participating.

Perplexity introduced managed Comet browser access for Enterprise Pro customers.

Meta released DINOv3, a scaled self-supervised vision foundation model for high-quality visual features.

Co-founder Igor Babuschkin left xAI to launch an investment firm focused on AI safety research.

Perplexity submitted a nonbinding $34.5 billion offer to acquire Google's Chrome browser; Google had not offered Chrome for sale.

Mistral AI updated its enterprise model tier with Mistral Medium 3.1.

NVIDIA expanded its robotics stack with updated GR00T and Cosmos models and new Omniverse libraries.

Reflection announced a strategy centered on releasing frontier open models and building a scalable commercial model around customizable open intelligence.

Perplexity added OpenAI's GPT-OSS models immediately upon their release.

Midjourney introduced higher-definition output for its video model.

OpenAI released GPT-5 across ChatGPT and the API, including mini, nano, and Pro variants.

Cohere launched North broadly as its secure, customizable agentic AI platform for enterprises and governments.

ElevenLabs released its first generative music model.

AWS added OpenAI's gpt-oss-120b and gpt-oss-20b to Amazon Bedrock and SageMaker AI.

Google DeepMind introduces Genie 3, a general-purpose world model that generates interactive environments in real time.

Anthropic released Claude Opus 4.1 with improvements to agentic tasks, coding, and reasoning.

OpenAI released gpt-oss-120b and gpt-oss-20b under an open-weight license.

Marking its three-year anniversary, Harvey said it generates more than $100 million in ARR, serving more than 500 customers in 54 countries including 42% of the AmLaw 100.

Perplexity integrated OpenTable so users could find and book restaurant reservations from answers.

Genspark added multi-agent orchestration in which a lead agent coordinates specialized subagents across complex tasks.

Runway released Aleph for generative video transformation and editing.

Harvey expanded Review Tables for structured extraction and comparative document analysis.

IBM expanded Granite with open speech-recognition models for enterprise transcription.

Baidu Wenku and Baidu Drive launched a multi-agent productivity platform.

Google releases Deep Think, a parallel-thinking mode based on Gemini 2.5, to Gemini Ultra subscribers.

Palantir and the U.S. Army consolidated contracts into an enterprise agreement with a ceiling of up to $10 billion over ten years.

CoreWeave closed a $2.6 billion secured delayed-draw term loan to finance infrastructure supporting its OpenAI agreement.

Cohere released its first commercial multimodal Command model for enterprise document, chart, OCR and scene understanding.

Midjourney launched an experimental personalized media feed and streaming experience.

The launch of HF Jobs established an on-demand compute layer alongside the Hub’s storage, collaboration, and inference products.

Hugging Face launched pay-per-use compute jobs that run scripts and containers on CPUs and GPUs directly through the hf CLI.

Gannett joined Perplexity's publisher program, broadening licensed news participation.

Mistral AI released Codestral 25.08 and expanded its enterprise coding stack across Mistral Code and developer tools.

Mark Zuckerberg outlined Meta's strategy to build personal superintelligence and distribute it through consumer products.

Cohere and Bell partnered to deploy sovereign enterprise AI for telecommunications workloads in Canada.

NVIDIA had a public equity market capitalization of approximately $4.233 trillion as of Jul 27, 2025 (NASDAQ: NVDA), per StockAnalysis period-end data.

Midjourney added looping, end-frame control, and video generation through the Discord bot.

Lovable made its more autonomous Agent experience the default setting for new users.

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.