Meta Delays Avocado AI Model to May After Falling Behind

Meta Delays Avocado AI Model to May After Falling Behind

Meta has delayed the launch of its next-generation AI model, codenamed "Avocado," from March to at least May 2026. Internal testing revealed the model falls short of competitors from Google and OpenAI, landing somewhere between Google's Gemini 2.5 and Gemini 3 in performance

Google Maps Adds Gemini AI and 3D Navigation

Google Maps Adds Gemini AI and 3D Navigation

Google launched Ask Maps and Immersive Navigation on March 12, 2026, bringing Gemini AI to Google Maps for the first time. Ask Maps lets users ask complex conversational questions, and Immersive Navigation replaces flat 2D directions with photorealistic 3D views of the road ahead

Cursor Targets $50B Valuation as AI Coding Revenue Hits $2B

Cursor Targets $50B Valuation as AI Coding Revenue Hits $2B

Cursor, the AI coding assistant built on Claude and GPT models, is in talks for a new funding round at a $50 billion valuation, Bloomberg reported on March 12, 2026. The company crossed $2 billion in annualized revenue in February, doubling its revenue run rate in three months

Google Releases Gemma 3: Open Multimodal Models Up to 27B

Google Releases Gemma 3: Open Multimodal Models Up to 27B

Google released Gemma 3 on March 12, 2026, a family of open-weight multimodal models in four sizes (1B, 4B, 12B, 27B) built on Gemini 2.0 technology. The models support 128k token context, 140+ languages, and image-plus-text input, with open weights on Hugging Face and Kaggle

OpenAI Brings Sora Video Generation Into ChatGPT

OpenAI Brings Sora Video Generation Into ChatGPT

OpenAI is planning to integrate its Sora AI video generator directly into ChatGPT, according to a report from The Information. The move would bring AI video creation capabilities to ChatGPT's hundreds of millions of active users, dramatically expanding Sora's reach beyond its standalone app

Anthropic Invests $100M in Claude Partner Network

Anthropic Invests $100M in Claude Partner Network

Anthropic launched the Claude Partner Network on March 12, 2026, committing $100 million in 2026 funding to enlist major consulting firms as enterprise AI deployment partners

Runway Labs Takes AI Video Beyond Filmmaking

Runway Labs Takes AI Video Beyond Filmmaking

Runway launched an internal incubator called Runway Labs on March 12, 2026, to explore applications of its generative video and world model technology outside filmmaking

ElevenLabs Pledges 1 Million Free Voice Restorations at SXSW

ElevenLabs Pledges 1 Million Free Voice Restorations at SXSW

ElevenLabs pledged to restore 1 million voices for free at SXSW 2026, launching the initiative on March 11 alongside the premiere of "11 Voices," a docuseries where people with voice loss narrate their own stories using AI-generated versions of their voices

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