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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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.
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.
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.
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.
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.
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.
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.