OpenAI has released the GPT-5.6 model family, comprising three sizes: Luna (smallest), Terra, and Sol (largest). These models feature a one million token context window, 128,000 maximum output tokens, and a knowledge cutoff of February 16th, 2026. Key updates to the API include programmatic tool calling via JavaScript orchestration, native multi-agent support for parallel task execution, explicit prompt cache breakpoints, and an option to receive unresized images in requests.
* Three model tiers: Luna, Terra, and Sol
* Improved performance in long-running agentic professional workflows
* New API features including programmatic tool calling and multi-agent orchestration
* Three model tiers: Luna, Terra, and Sol
* Improved performance in long-running agentic professional workflows
* New API features including programmatic tool calling and multi-agent orchestration
Italian app studio Bending Spoons, the parent company of platforms including Eventbrite, Vimeo, and WeTransfer, has officially filed for an initial public offering in the United States. The firm operates a massive portfolio built on over 50 acquisitions, boasting more than 500 million monthly active users across its various apps. Their business model focuses on acquiring underperforming properties, streamlining operations, and driving profitability through subscription-based structures which currently generate 84% of their revenue.
Key highlights:
- Reported $601 million in Q1 2026 revenue, marking a 132% year-on-year increase.
- The company's valuation reached $11 billion last year with potential for a $20 billion IPO valuation.
- Major institutional backers include Baillie Gifford and Fidelity.
Key highlights:
- Reported $601 million in Q1 2026 revenue, marking a 132% year-on-year increase.
- The company's valuation reached $11 billion last year with potential for a $20 billion IPO valuation.
- Major institutional backers include Baillie Gifford and Fidelity.
Yahoo is nearing a deal to sell its media operations, including AOL, to Italian digital media company Bending Spoons for around $1.4 billion, sources familiar with the matter said on Tuesday.
Reid Hoffman and Clement Delangue are among the signatories of a new open letter calling for the creation of public data sets and incentives to develop 'small' AI models. The letter aims to encourage collaboration among governments, tech companies, and civil society groups to harness the benefits of AI while mitigating its risks.
