This episode examines the competitive dynamics behind OpenAI’s GPT 5.2 release less than a month after GPT 5.1, Google’s two billion user deployment of Gemini 3 Pro with a one million token context window, and Anthropic’s Claude Opus 4.5 performance on software engineering benchmarks. We cover the transfer of Model Context Protocol to the Agentic AI Foundation under Linux Foundation governance, creating neutral infrastructure for agent interoperability. The briefing analyzes IDC research showing ninety six percent of generative AI deployments exceeded cost projections, with seventy one percent reporting no visibility into cost origins. We close with structural challenges in AI benchmarking when vendors design their own evaluation frameworks, and the divergence between self reported and independently measured hallucination rates across frontier models.