Releases

Databricks completed $10 billion in equity financing and arranged $5.25 billion in debt facilities at a $62 billion equity valuation.

Google makes an additional $1 billion investment in Anthropic, extending its financial and cloud partnership with the AI developer.

Google reportedly made an additional $1 billion investment in Anthropic, deepening its existing investment and cloud relationship.

Clay acquired Avenue to add intent signals and first-party data capabilities to its GTM platform.

Modal made isolated programmable Sandboxes generally available for agent-generated code.

Modal launched dedicated infrastructure for secure code-interpreting and agent workloads.

Perplexity launched Sonar and made Sonar Pro generally available through its API platform for cited real-time answers.

Microsoft and OpenAI update their partnership structure while preserving Microsoft rights to OpenAI intellectual property and Azure API exclusivity.

OpenAI, SoftBank, Oracle, and MGX announced Stargate, a new company intended to invest $500 billion in US AI infrastructure over four years.

Moonshot released Kimi k1.5, a multimodal reasoning model trained with reinforcement learning.

Moonshot introduced its open k-series reasoning work through the Kimi k1.5 release.

DeepSeek released the Llama 70B-based distilled R1 reasoning checkpoint.

DeepSeek released the Llama 8B-based distilled R1 reasoning checkpoint.

DeepSeek released the Qwen 14B-based distilled R1 reasoning checkpoint.

DeepSeek released the Qwen 1.5B-based distilled R1 reasoning checkpoint.

DeepSeek released the Qwen 7B-based distilled R1 reasoning checkpoint.

DeepSeek released the Qwen 32B-based distilled R1 reasoning checkpoint.

DeepSeek published R1 under the MIT License and made it available on web and API.

DeepSeek published its pure reinforcement-learning reasoning checkpoint.

DeepSeek introduced its reinforcement-learning reasoning model family and technical report.

Rogo partnered with Crunchbase to bring private-company and funding intelligence into its AI Analyst.

Physical Intelligence introduced π0-FAST, using efficient FAST action tokenization for autoregressive robot control.

Cursor stated that the editor was used by millions of programmers; value records a conservative two-million lower bound.

Cursor disclosed that annual recurring revenue had surpassed $100 million.

Cursor raised $105 million in Series B funding from Thrive Capital, Andreessen Horowitz, Benchmark, and existing investors at a reported $2.6 billion post-money valuation.

Text Generation Inference added a multi-backend architecture supporting vLLM and TensorRT-LLM alongside its native backend.

Microsoft Research publishes MatterGen, a generative model that designs stable inorganic materials conditioned on target properties.

Synthesia reported more than 60,000 business customers at the time of its Series D.

Synthesia raised a $180 million Series D led by NEA to advance enterprise AI video and expand globally.

Scale added richer model comparison, failure analysis, cross-sectional reporting, and automated error-discovery capabilities to its frontier evaluation framework.

Microsoft launches Microsoft 365 Copilot Chat with web-grounded AI chat, work-data access and support for agents.

Cursor released Fusion, improving edit prediction, cursor jumps, context length, and latency in Cursor Tab.

Mistral AI released an updated Codestral model with improved code generation and a 256K context window.

Microsoft forms CoreAI – Platform and Tools under Jay Parikh, combining developer, AI platform, supercomputing and agent-runtime teams.

DeepSeek released its consumer assistant for iOS and Android.

xAI launched the standalone Grok app in beta on Apple’s App Store, extending Grok beyond X.

NVIDIA launched Cosmos with open world foundation models, tokenizers, guardrails and data-processing tools for physical AI.

Microsoft says it is on track to invest approximately $80 billion during fiscal 2025 in AI-enabled datacenters for training models and deploying AI applications.

Gamma launched its premium Ultra tier with expanded access to advanced AI capabilities.

Gamma launched a collaborative business offering with shared workspaces, branding, and team administration.

Gamma released an API for automating visual content creation at scale.

Gamma launched Gamma Agent, an agentic design partner for developing and refining visual communications.

Secondary-source estimate of Runway's 2025 workforce.

Moonshot described k1 as a long-context reinforcement-learning reasoning system.

Meta's first TRIBE brain-response model formed the foundation for its award-winning Algonauts 2025 entry; Meta's later TRIBE v2 announcement identifies the original model as 2025 work.

Sacra estimates Cohere's annual recurring revenue was about $62 million at the end of 2024. Third-party estimate, not a company disclosure.

Third-party estimates put Crusoe's 2024 revenue at about $276 million. Not a company disclosure.

Sacra estimates Shield AI generated $267 million in revenue in 2024, up 64% from about $163 million in 2023. Third-party estimate, not a company disclosure.

Sacra estimates Applied Intuition reached $415 million in annual recurring revenue in 2024, up 100% from $207 million in 2023. Third-party estimate, not a company disclosure.

Sacra estimates Harvey's annual recurring revenue was about $50 million at the end of 2024. Third-party estimate, not a company disclosure.

Scale AI generated $870 million in revenue in 2024, a figure the company confirmed to Forbes in May 2026.

Baidu had a public equity market capitalization of approximately $29.6 billion as of Dec 31, 2024 (NASDAQ: BIDU), per StockAnalysis period-end data.

IBM had a public equity market capitalization of approximately $203.3 billion as of Dec 31, 2024 (NYSE: IBM), per StockAnalysis period-end data.

Palantir had a public equity market capitalization of approximately $172.3 billion as of Dec 31, 2024 (NASDAQ: PLTR), per StockAnalysis period-end data.

Meta had a public equity market capitalization of approximately $1.478 trillion as of Dec 31, 2024 (NASDAQ: META), per StockAnalysis period-end data.

Amazon had a public equity market capitalization of approximately $2.307 trillion as of Dec 31, 2024 (NASDAQ: AMZN), per StockAnalysis period-end data.

Alphabet had a public equity market capitalization of approximately $2.324 trillion as of Dec 31, 2024 (NASDAQ: GOOGL), per StockAnalysis period-end data.

Microsoft had a public equity market capitalization of approximately $3.134 trillion as of Dec 31, 2024 (NASDAQ: MSFT), per StockAnalysis period-end data.

By year-end 2024, CoreWeave operated more than 360 megawatts of active power and held about 1.3 gigawatts of contracted capacity.

Hugging Face released smolagents, a lightweight open-source framework for tool-using and code-executing AI agents.

NVIDIA market capitalisation at end of calendar year 2024, up 169% year-over-year, briefly surpassing Apple and Microsoft to become the world's most valuable public company.

DeepSeek released DeepSeek-V3 weights and upgraded the deepseek-chat API.

DeepSeek introduced its 671B-parameter V3 mixture-of-experts architecture.

xAI closed a $6 billion Series C backed by major institutional and sovereign investors; regulatory reporting indicated an approximately $45 billion post-money valuation.

Answer.AI and Hugging Face released ModernBERT, a modernized encoder-only model family for retrieval and classification workloads.

Rogo integrated S&P Capital IQ data into AI-powered financial workflows.

ElevenLabs introduced Flash, an ultra-low-latency model for conversational AI.

IBM released open embedding models for enterprise retrieval and semantic search.

IBM expanded Granite with improved language, embedding and safety models.

Perplexity closed a $500 million financing led by IVP at a $9 billion valuation.

Perplexity acquired Carbon, a startup specializing in connecting AI systems to enterprise data sources; terms were not disclosed.

Anthropic and Redwood Research published evidence of alignment-faking behavior in a controlled Claude 3 Opus experiment.

Databricks announced a Series J targeting $10 billion, with $8.6 billion completed at announcement, valuing the company at $62 billion.

Google DeepMind introduces Veo 2 with improved realism, physics and camera controls for video generation.

DeepSeek published its second-generation mixture-of-experts vision-language models.

Google Cloud announces Agentspace for enterprise search, conversational assistance and task-oriented agents grounded in company data.

Crusoe raised $600 million in a Series D led by Founders Fund to expand AI data centers and Crusoe Cloud.

Crusoe announced general availability of Crusoe Cloud with managed services and enterprise support for model training, fine-tuning and inference.

xAI expanded Grok access beyond paid tiers to everyone on X, alongside speed and multilingual improvements.

Meta released a behavioral foundation model for controlling virtual humanoid agents.

Microsoft releases Phi-4, a 14-billion-parameter small language model specializing in complex reasoning.

Google announces Jules, an asynchronous coding agent that works on GitHub repositories and presents changes for review.

The Gemini app launches Deep Research, using long context and reasoning to investigate topics and compile reports.

Google releases experimental Gemini 2.0 Flash with native tool use, multimodal output and real-time streaming capabilities.

Speak reported more than 200 Speak for Business customers and an average employee adoption rate of 85%.

Speak reported delivering 25 million personalized lessons during 2024.

Speak reported that learners had spoken one billion sentences in the app during 2024.

Speak raised a $78 million Series C led by Accel, bringing total funding to $162 million.

Replit took Agent out of early access and launched the redesigned Assistant.

The final V2.5 update improved mathematics, coding, writing, file handling and web-page summarization.

xAI launched the autoregressive Aurora image-generation model on X, adding photorealistic generation and multimodal image input.

OpenAI launched the Sora video-generation product for ChatGPT Plus and Pro users, powered by Sora Turbo.

The Government of Canada announced up to C$240 million to support Cohere's Canadian AI compute capacity project.

Meta released a multilingual 70B instruction model with performance comparable to larger Llama 3.1 models.

Suno launched its Android mobile application.

Harvey made secure direct document access from SharePoint and OneDrive generally available.

Harvey launched a Microsoft Word add-in for legal drafting and analysis.

Harvey announced integrations with Microsoft SharePoint, OneDrive, Microsoft 365 Copilot, and Word.

Perplexity expanded its publisher program with 15 additional media organizations.

Microsoft begins previewing Copilot Vision, allowing Copilot to discuss and assist with shared browsing content.