Meta is reportedly developing an image- and video-focused AI model codenamed Mango, a coding-oriented large language model called Avocado, and early-stage 'world models.' The plans were discussed internally by Meta’s chief AI officer Alexandr Wang in a Q&A with product chief Chris Cox, with both Mango and Avocado targeting a first-half 2026 release.
This article aggregates reporting from 4 news sources. The TL;DR is AI-generated from original reporting. Race to AGI's analysis provides editorial context on implications for AGI development.
Mango and Avocado are Meta’s clearest signal yet that it intends to be in the top tier of foundation model labs, not just a fast follower. Mango targets image and video generation, a space where OpenAI’s Sora and Google’s Nano Banana and Veo have raised the bar, while Avocado aims squarely at high-end code generation. The fact that both are being developed inside a centralized Meta Superintelligence Labs unit shows the company is willing to reorganize deeply around frontier AI, poaching talent from OpenAI and other labs to do it.
The more interesting piece for the AGI race is Meta’s renewed focus on “world models” – systems that build internal simulations of the environment to reason about actions over time. That’s exactly the direction many researchers think you need for generally capable agents and robotics. If Meta can marry powerful visual models (Mango), strong coding ability (Avocado), and accurate world models, it starts to look less like a social-media company and more like a full-spectrum AGI contender. For OpenAI and Google, this raises the stakes: the arms race is no longer just about benchmarks, but about who can operationalize rich multimodal understanding fastest.
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.


