Releases

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.

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.

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.

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.