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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.
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.
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.
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.
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.
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.
