OpenAI released GPT-5.4 with impressive results in ChatGPT, API, and Codex. Google launched Gemini 3.1 Flash-Lite for high volume workloads. Cursor introduced Automations, its most aggressive agentic release to date. Alibaba Qwen released small versions of its new model. Microsoft released Phi-4-reasoning-vision-15B, a multimodal reasoning vision model. Decagon completed its first tender offer at $4.5B valuation. Cursor surpassed $2B in annualized revenue. Anthropic's Claude experienced widespread outages but remains used by the Pentagon in Iran despite being designated as a supply chain risk. OpenAI announced a Pentagon deal with "technical safeguards." Meta plans custom chips for AI training, expanding beyond its current silicon for ranking and recommendation workloads. Alibaba Qwen tech lead Junyang Lin stepped down amid corporate reorganization. Mistral AI launched AI services for finance to protect firm data. Nvidia invested $4B
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