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February is typically the month the photography industry shakes off its post-CES hangover and starts showing its hand for the year ahead. In 2026, that meant the return of CP+ in Yokohama, the conclusion of the Milan Cortina Winter Olympics, a flood of new glass from both established and upstart lens makers, and the continued collision between AI-generated imagery and the photographers whose livelihoods depend on the real thing. Here are the ten developments that mattered most. 

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