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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.
On 1 September 2026 Anthropic released Claude Fable 5.1 and Claude Mythos 5.1. Prices stayed at $10 and $50 per million tokens, and Mythos 5.1 is offered through verification programmes.
On 24 July 2026 Anthropic released Claude Opus 5 at $5 and $25 per million tokens. Anthropic said it came close to Claude Fable 5's frontier intelligence at half the price.
On 9 June 2026 Anthropic released Claude Fable 5, its first Mythos-class model for general use, and Claude Mythos 5, the same model with some safeguards lifted for vetted partners. Both were priced at $10 and $50 per million tokens.
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.
On 12 May 2026 Isomorphic Labs announced a $2.1 billion Series B round led by Thrive Capital, money the company says will scale its business globally and push its drug candidate pipeline forward.
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.
In March 2026 Ali Farhadi stepped down as CEO of the Allen Institute for AI after about two and a half years in the role, and founding member Peter Clark returned as interim chief executive.
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.
Insilico Medicine listed on the Hong Kong Stock Exchange on 30 December 2025 under code 3696.HK, raising HKD 2.277 billion in what it called the largest Hong Kong biotech IPO of 2025 by funds raised.
