On December 19, 2025, AIbase reported that Meta is preparing a new image- and video-focused model called Mango and a next-generation text model dubbed Avocado for release in the first half of 2026. The report says the effort, led by Chief AI Officer Alexandr Wang, marks a shift away from the open-source Llama series toward more closed, commercial models.
This article aggregates reporting from 2 news sources. The TL;DR is AI-generated from original reporting. Race to AGI's analysis provides editorial context on implications for AGI development.
If Mango and Avocado land roughly as described, Meta is formally exiting the “open-source hero” posture and joining OpenAI, Google and Anthropic in the closed frontier-model camp. A multimodal Mango aimed at high-quality image and video generation, paired with Avocado as a frontier LLM tuned for coding and world modeling, would give Meta a vertically integrated stack for everything from Instagram filters to agentic assistants. It also acknowledges that open Llama weights have armed competitors—including Chinese labs—with strong baselines while doing little to monetize Meta’s own infrastructure spend.
Strategically, the shift matters because it tightens the oligopoly at the very top of the capability curve. Instead of being the open alternative, Meta is now competing directly in the same premium API market as its largest rivals, likely with aggressive cross-subsidies from advertising. That raises the bar for smaller labs trying to stay close to the frontier without sovereign backing. At the same time, reports that Avocado is targeting GPT‑5 and Gemini 3 Ultra–class performance suggest Meta accepts that the next leap will require world-model-like capabilities and much deeper integration of perception, action and reasoning.
OpenAI is in early-stage talks to raise up to $100 billion in new funding that could lift its valuation to roughly $750–830 billion, according to multiple media reports citing unnamed sources.
DOE signed nonbinding MOUs with 24 AI and compute organizations to apply advanced AI and high-performance computing to Genesis Mission scientific and energy projects.
Google Public Sector and Google DeepMind will provide Gemini-based AI platforms and tools to DOE’s Genesis Mission, giving all 17 U.S. national laboratories secure access to frontier models such as Gemini for Government and the AI co-scientist system.
Preliminary talks for a potential funding round of up to $100 billion that would value OpenAI around $750 billion.
Waymo is reportedly negotiating a funding round exceeding $15 billion at around a $100 billion valuation to expand its robotaxi operations.