Nokia has released Qt 4.7. It features some impressive performance improvements through hardware accelerated compositing in QtWebkit, a new text renderer and painting improvements on OpenGL. Notably Qt Quick is included, featuring the new QML (Qt Meta-Object-Language) language for writing programs based on outcomes. According to the release, QML is "an easy to learn, declarative language that ‘describes’ the interface of a program and how it behaves." Sources are available from the FTP server.
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Given the name I expected it to be a Qt variant of the ML programming language, possibly as a response to Microsoft's F#. So it was kind of a let down. In any case, seems quite interesting nonetheless.
No, its a reference to XML. :)