Acquisition

Marvell Technology → Lumentum Holdings

Marvell Technology is in advanced talks to buy data center optics maker Lumentum Holdings, whose market value is approximately $83 billion, according to people familiar with the matter. The deal could be announced as soon as next week.

Productivity

Mithril Medicine had one full-time employee supported by outside specialists and laboratories; its acquisition by Anthropic is described as a case study in how Claude can help coordinate drug research, with clinical progress still to be tested.

The US Justice Department is scrutinizing Nvidia's planned acquisition of open-source platform Hugging Face as well as the company's sales practices, according to The Decoder. The antitrust review adds regulatory uncertainty to a deal that would consolidate Nvidia's position in the open-model ecosystem.

Regulation • The Decoder

Thrive Holdings → ADT

OpenAI-backed Thrive Holdings is buying ADT in a $15.3 billion deal, with plans to bring AI to the home security business.

Deepgram → Daily

Deepgram has acquired Daily, the maker of Pipecat, to bolster its voice AI infrastructure. With Pipecat, Deepgram will likely gain a deeper understanding of real-time voice and video infrastructure.

Digital Science → Jenni AI

Digital Science, a UK company providing researchers with data, tools and infrastructure, has acquired Jenni AI, an AI-native platform trusted by more than 8 million students and researchers in 189 countries.

Salesforce → Rune Technologies

Salesforce is acquiring defence tech startup Rune Technologies, which makes AI military logistics software, for $375 million in a combination of shares and cash, according to sources. Rune had previously raised $30 million from a16z and others.