The document summarizes the keynote presentation at the 2012 jQuery Conference about recent and upcoming developments with jQuery. The presentation discussed: 1) The role of the jQuery Foundation in supporting the jQuery project and community. 2) Recent releases of jQuery Core, including version 1.8 which focused on modularity, performance improvements, and deprecating unused code. 3) Plans for upcoming major releases, with jQuery 1.9 continuing to clean up APIs and jQuery 2.0 removing support for older browsers to simplify the codebase.