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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 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 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.
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 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.
On 12 February 2026 Zhipu released GLM-5, a 744-billion-parameter open model under the MIT License. It uses DeepSeek Sparse Attention, and its pre-training data grew from 23 trillion to 28.5 trillion tokens.
On 11 February 2026 iFlytek released Spark X2, a large model trained entirely on domestic computing power and aimed at education, healthcare, automotive and agent use cases.
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.
On 29 January 2026 Alibaba's chip unit T-Head listed the Zhenwu 810E, formally revealing a PPU accelerator the company had kept under wraps and completing its combination of Qwen models, cloud and chips.
Biren Technology listed on the Hong Kong Stock Exchange's main board on 2 January 2026, drawing 23 cornerstone investors to its share offering, with its market value briefly passing HK$100 billion on the first trading day.
TSMC's CoWoS advanced packaging places logic dies and HBM stacks on a silicon interposer; capacity remains sold out, and TSMC is expanding in Tainan and Chiayi while developing panel-level CoPoS.
Cambricon's next flagship cloud training chip, the MLU 690, entered mass production in early 2026, pairing a dual-die package with more than 700 TFLOPS of FP16 compute and 196 GB of HBM3 memory.
On 24 December 2025 Groq announced a non-exclusive licensing deal with NVIDIA for its inference technology; founder Jonathan Ross and other staff joined NVIDIA while Groq stayed independent under a new CEO.
In December 2025, Chinese GPU makers Moore Threads and MetaX listed on the STAR Market, with first-day gains that drew attention to domestic AI chip companies raising public capital.
On 19 November 2025 Luma AI announced a $900 million Series C led by HUMAIN, with AMD among the participants, alongside a plan for a 2 GW compute supercluster called Project Halo.
In November 2025 Nvidia and Microsoft announced up to $15 billion of investment in Anthropic, alongside a $30 billion commitment by Anthropic to buy Microsoft Azure compute running on Nvidia systems.
On 29 October 2025 Nvidia became the first company in history to reach a $5 trillion market value, closing at $207.04 a share after a rally driven by large AI chip orders.
On 20 October 2025 Unitree announced the H2, a bionic humanoid robot with a face, 31 joints, a 180 cm frame and a 70 kg body, shown in a video performing ballet, punches, side kicks and a runway walk.
DeepSeek released the experimental model DeepSeek-V3.2-Exp on 29 September 2025. It introduced DeepSeek Sparse Attention (DSA), a method aimed at cutting the cost of processing long inputs, and lowered API prices by more than 50 percent.
