GPT-6.1 Terra is launched, with standard input/output costing $1/5 per million tokens. AA tests show that the cost of Max-level tasks is approximately 71% lower than the previous generation. Anthropic publicly filed for an IPO, SpaceX secured $40 billion in GPU leasing funding commitments, and Meta launched a $35 billion offering and plans for subsequent financing. On the product side, Tencent opened up its Chinese-English simultaneous interpretation model, Runway and JiMeng expanded their creative workflows, and Devin upgraded its vulnerability scanning and patching capabilities.