Hugging Face announces it has now surpassed 1.2 million uploaded AI models, with monthly downloads crossing 500 million for the first time.
We also cover:
• Meta releasing Llama 4 Maverick, a powerful new 405B open-weight model already topping several community leaderboards
• The European Union proposing mandatory transparency reports for all AI systems above a certain capability threshold
• Perplexity AI raising $500 million at a $9 billion valuation to expand its AI-powered search into enterprise knowledge management