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.
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.
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.
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.
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.
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.
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.
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.
Hyundai Motor Group completes acquisition of Boston Dynamics
In June 2021 Hyundai Motor Group completed its purchase of a controlling 80 percent stake in Boston Dynamics from SoftBank, in a deal that valued the robot maker at US$1.1 billion.