Releases

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.