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Friday · June 19, 2026 · Issue No. 900
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AI is BOOMING! Google CRUSHES it, Open AI Overhauls Chat Memory, Open Source models & MORE!

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# AI is BOOMING: Weekly Tech Roundup

This week has been absolutely colossal for AI advancements, with major releases from industry leaders, open-source innovations, and impressive demos across various domains. Here’s a comprehensive summary of the most significant developments:

## New Language Models

– **Meta’s Llama 4**: Released two variants – Scout (16B parameters with 16 experts) and Maverick (16B parameters with 128 experts). While open-source, they’re designed for corporations rather than consumer hardware, with a somewhat restrictive license.

– **Grok 3 API**: Finally available with surprisingly reasonable pricing. The flagship models are expensive ($15-25 per million output tokens), but Grok 3 Mini offers more competitive rates at just $0.50 per million output tokens. Independent evaluations show it performing well, beating GPT-4.5 in some tests.

– **OpenAI**: Preparing three new models for release soon – O4 Mini, O4 Mini High, and the “big bad O3.” Some reports suggest internal concerns about rushing these models to market.

## Image Generation

– **Hydream AI**: A new MIT-licensed image generation model (though its text encoder uses Llama 3). Available on HuggingFace with three variants (full quality, dev quality, and fast quality), performing competitively against established models like DALL-E 3 and SDXL.

– **Image Stylization Model**: Built on Flux.1, this new open-source model attempts to mimic GPT-4 Omni’s style transfer capabilities. While not as accurate as GPT-4O, it provides a faster, fully open-source alternative.

## Google’s Big Week

– **Firebase Studio**: An AI-powered coding platform using Gemini, though early user feedback suggests it needs refinement.

– **Gemini Updates**: Enhanced image generation, upcoming text-to-music features, voice cloning capabilities, and the release of Gemini 2.5 Flash.

– **Ironwood TPU**: Google’s sixth-gen TPU designed for AI inferencing, featuring 192GB RAM per chip and 4.5x faster data access – positioning as an Nvidia

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