May 2026 Release
May 2026 surfaced the agent run tracing groundwork from April as a usable feature, added a way for one Peer to hand a conversation to another, and made a set of smaller Flow and tool improvements.
Developers maintaining custom applications should use the Developer Hub for API, SDK, package, and migration notes.
Highlights
- Agent run traces can now be reviewed, filtered, and exported from the chat log detail page.
- A Peer can hand a conversation directly to another Peer.
- Flow editor fixes for nested loop steps and edge connections.
- New model options, including GPT-4o and GPT-4o mini.
New in Studio
Agent run trace review
The chat log detail page now shows a summary of an agent's run trace, with filtering and export options. This makes the run-tracing groundwork added in April visible and usable for reviewing how a Peer arrived at a response.
Peer handoff
A Peer can now hand a conversation directly to another Peer, compiling relevant context from the prior conversation for the receiving Peer to use. This is aimed at multi-agent setups where different Peers specialize in different parts of a workflow.
Flow and tool improvements
- The Microsoft 365 email tool supports dynamic folder selection.
- A tool settings persistence issue was fixed.
- Flow editor: nested loop steps and edge connection handling were made more reliable.
Model updates
GPT-4o and GPT-4o mini were added as model options.
Action required
Studio and Pulse users do not need to migrate anything manually.
Teams building multi-Peer setups may want to review Peer handoff as an alternative to manual routing between Peers.
Technical teams that maintain custom apps, SDK integrations, or client-side tools should use the Developer Hub for migration details.

