Timeline
IPO delayed to 2027 due to market resistance and investor skepticism
Stargate Abilene data center cluster breaks ground in Texas, targeting 5 GW capacity
OpenAI CEO Sam Altman claims 54% token efficiency gain on agentic coding for a new unnamed model.
BofA lends OpenAI $520M in first bank loan ahead of delayed IPO
IPO delayed from 2026 to 2027
OpenAI pulls endorsement of SWE-Bench Pro after finding ~30% of tasks are broken
Launched unified coding subscription plan offering four AI models for $3
Qwen family captured over 50% of global open-source AI model downloads, reaching nearly 1 billion cumulative downloads on Hugging Face.
Released Qwen 3.5 flagship model series, positioned as on par with leading US proprietary models.
Released Qwen 2.5, marking the beginning of a decisive shift away from popular US models like Llama.