Meta acquires AI coding startup Conductor
In early November 2026 Meta acquired Conductor, a startup whose platform runs multiple AI coding agents in parallel workspaces. Conductor's cloud service was set to shut down on 20 November 2026.
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Marvell agrees to buy Lumentum in a $115B all-stock deal
Marvell agreed on 2 November 2026 to buy optical chip and networking equipment maker Lumentum in an all-stock deal valued at $115 billion including debt, one of the largest technology acquisitions on record.
Cohere and Aleph Alpha sign merger agreement
On 16 September 2026 Cohere and German AI company Aleph Alpha signed a merger agreement, reportedly valuing the combined company at about $20 billion. The deal still needed regulatory approval.
Nvidia agrees to acquire Hugging Face for $12.93 billion
On 3 September 2026 Nvidia agreed to acquire Hugging Face for $12.93 billion. Hugging Face said it would remain an open platform, and the deal was expected to close in the first half of 2027 pending regulatory approval.
Mistral AI agrees to acquire physics-AI company Emmi AI
On 23 May 2026 Mistral AI said it had agreed to acquire Emmi AI, an Austrian physics-AI company whose large engineering models simulate power grids, injection moulding and car safety tests; more than 30 staff, including co-founder Johannes Brandstetter, are joining.
ggml.ai, the team behind llama.cpp, joins Hugging Face
On 20 February 2026, ggml.ai — the founding team of llama.cpp — joined Hugging Face, which is to provide long-term resources while ggml and llama.cpp stay 100% open source and community-run.
SpaceX acquires xAI
On 2 February 2026 SpaceX acquired xAI in an all-stock deal. A memo to employees put the combined company at $1.25 trillion, and LSEG data showed it to be the largest merger on record. The AI unit was renamed SpaceXAI in July 2026.
Mistral AI acquires Koyeb
In February 2026, Mistral AI acquired Koyeb, a Paris-based startup offering high-performance serverless infrastructure. It was Mistral's first acquisition and brought 13 employees, with Koyeb's product and expertise to support environments such as sandboxes and MCP servers.
Claude Code reaches $1B run-rate; Anthropic acquires Bun
On 3 December 2025 Anthropic said Claude Code had reached $1 billion in run-rate revenue, and agreed to acquire Bun, a JavaScript runtime that had already worked with Anthropic on Claude Code's native installer.
The EvolutionaryScale team joins Biohub
On 6 November 2025 Mark Zuckerberg and Priscilla Chan announced a Biohub initiative pairing frontier AI with frontier biology; the EvolutionaryScale team joined it, and its chief scientist Alex Rives became Biohub's head of science.
Perplexity offers $34.5 billion for Google Chrome
On 12 August 2025 the AI startup Perplexity made a $34.5 billion all-cash bid to buy Google's Chrome browser, presenting the sale as a remedy for Google's antitrust litigation and pledging to keep Chromium open source.
Salesforce agrees to acquire Informatica for about $8 billion
Salesforce agreed in May 2025 to buy data-management company Informatica for about $8 billion, folding its catalog, integration and governance products into Salesforce's platform for agentic AI. The deal closed on 18 November 2025.
OpenAI acquires Jony Ive's hardware startup io
On 21 May 2025 OpenAI announced it was acquiring io, the AI hardware startup founded by designer Jony Ive, in an all-stock deal valuing io at about $6.5 billion and putting Ive in charge of OpenAI's hardware and design work.
Hugging Face acquires humanoid-robot maker Pollen Robotics
On 14 April 2025 Hugging Face acquired Pollen Robotics, the Bordeaux maker of the Reachy 2 humanoid robot, in the AI company's first move into hardware; the price was not disclosed.
AMD completes its acquisition of ZT Systems
AMD closed its purchase of ZT Systems, a New Jersey-based builder of AI and general-purpose computing infrastructure for hyperscale customers, on 31 March 2025, taking on about 1,000 design engineers while planning to sell ZT's US manufacturing business.
xAI acquires X Corp. in an all-stock deal
On 28 March 2025 Elon Musk announced that his AI company xAI had acquired X Corp., the owner of the X social network, in an all-stock deal that valued X at $33 billion and xAI at $80 billion.
Perplexity bids to merge with TikTok US
On 18 January 2025, Perplexity submitted a bid to merge with TikTok's US business, proposing a combined entity rather than an acquisition in an attempt to work around ByteDance's refusal to sell, one day before a US ban was due to take effect.
Recursion completes its combination with Exscientia
Recursion completed its combination with Exscientia on 20 November 2024, making the AI drug discovery company a wholly-owned subsidiary and folding its pipeline, sites and leadership into a single organisation.
Hugging Face acquires XetHub to rebuild Hub storage
On 8 August 2024 Hugging Face announced it had acquired XetHub, a Seattle startup whose technology lets Git scale to terabyte-sized repositories by chunking and deduplicating data; Hugging Face planned to move the Hub off Git LFS onto a Xet-based backend.
NVIDIA agrees to acquire GPU orchestration software provider Run:ai
In April 2024 NVIDIA agreed to acquire Run:ai, an Israeli maker of Kubernetes-based GPU orchestration software, reported at about $700 million. The European Commission approved the deal in December and it closed on 30 December 2024, with the software to be open-sourced.
Hugging Face acquires Gradio
On 21 December 2021 Hugging Face acquired Gradio, a Python library for building web demos of machine-learning models that Abubakar Abid had started in 2019 and that had been used to build more than 300,000 demos.