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Grafana Labs releases Grafana 12.3 and Tempo 2.9 bring major updates to observability. Explore new features in logs visualization, including color highlighting, flexible search, and logs context for faster troubleshooting. Learn about Grafana Tempo 2.9's experimental Model Context Protocol (MCP) server support, enabling AI assistants to query tracing data with TraceQL. Discover probabilistic sampling hints in TraceQL for handling high-volume traces. Compare these open-source tools with commercial alternatives like Datadog and Splunk. See how Deutsche Bank praises the enhancements for performance monitoring. Note upgrade cautions from Grafana Labs. These releases make log exploration more intuitive and tracing more efficient.