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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 22 October 2026 iFlytek released Spark X2.6, a device-cloud model series, at its developer festival in Beijing. The same event also launched a speech foundation model and a digital-employee platform.
On 15 October 2026 Kuaishou's video generation model Kling 4.0 became available to all users, adding longer shots, more dynamic motion and Omni Reference, with a faster Flash variant released alongside it.
On 15 October 2026 Meta released Muse Spark Open, an open-weight, natively multimodal model with 816 billion total parameters, optimised to run on Apple's Mac Studio. Its weights were published on Hugging Face.
On 28 September 2026 ElevenLabs released Eleven v4, a text-to-speech model it calls its most emotive yet, alongside a low-latency Turbo variant; the company says it topped Artificial Analysis and was preferred by about 75% of listeners in blind tests.
On 22 September 2026 PixVerse announced R2, a scaling release of its real-time world model that adds more data, tasks and input types at the same latency, and showed it running playable, prompt-editable worlds.
On 9 September 2026 Suno released v6, a new generation of music models built with Warner Music Group, BMG and Believe, offered in three versions and paired with safeguards that screen uploaded audio and lyrics.
On 8 September 2026 Mistral AI announced a €3 billion Series D led by Samsung Electronics, valuing the company at more than €21 billion after the round.
Runway published GWM Worlds 2 on 3 September 2026, a research preview that turns high-fidelity video and audio generation into a real-time interactive world model steered by text actions and camera motion.
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.
On 25 August 2026 Stability AI announced a $76 million Series B whose investors include Sony Music, Universal Music, Warner Music, Electronic Arts and AMD Ventures, taking the funding raised under CEO Prem Akkaraju to about $232 million.
ByteDance released Seedance 2.5 in July 2026. The model generates up to 30 seconds of video per pass, offers a beta long-video mode, and can edit part of a scene without regenerating the whole clip. It is offered through an API.
On 23 July 2026 Black Forest Labs announced FLUX 3, a model family for images, video, audio and actions. The video model became generally available on 4 August 2026.
On 7 July 2026 Meta Superintelligence Labs introduced Muse Image and Muse Video, its first media generation models. Muse Image launched in Meta's apps, while Muse Video entered early preview.
On 3 July 2026 Shengshu released Vidu S1, a real-time interactive video generation model that takes voice input during a video call and changes a character's expression, gestures and body movement in response.
Suno announced on 3 June 2026 that it had raised more than $400 million in Series D funding, valuing the AI music company at $5.4 billion post-money, with Bond Capital leading the round.
In May 2026 Stability AI released Stable Audio 3.0 in four sizes, three of them open-weight. The two larger models generate up to 6 minutes 20 seconds of audio and support inpainting and continuation.
On 19 May 2026 Google added Gemini Omni to the Gemini app, letting subscribers create and edit video through conversational prompts from text, photos and clips, with SynthID watermarks and C2PA Content Credentials attached to the output.
In May 2026 The Standard reported that StepFun had completed a funding round of about US$2.5 billion ahead of a planned Hong Kong listing, after converting into a joint-stock company in April.
In May 2026 Baidu's chip unit Kunlunxin began IPO guidance for China's STAR Market while keeping its Hong Kong plan, as revenue grows and losses narrow toward break-even.
Shengshu Technology announced a Series B round of nearly 2 billion yuan led by Alibaba Cloud, money it says will go to foundation world models for both digital generation and physical action.
