SpaceX plans to buy Cursor for $60 billion once its record IPO wraps
SpaceX expects to complete its $60 billion acquisition of AI coding startup Cursor roughly 30 days after it begins trading publicly, according to Bloomberg, a timeline that would place the deal in July if the company’s blockbuster IPO proceeds on schedule. The rocket, satellite, and artificial intelligence conglomerate is planning to file its public IPO prospectus as […]<br /> This story continues at The Next Web [...]
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SpaceX's Grok 4.5 launches at half the price of rivals — here's why that could rattle Anthropic and OpenAI
Elon Musk's SpaceX released Grok 4.5 on Wednesday, the first artificial intelligence model the company has trained specifically for coding and autonomous agents — and the first tangible product [...]
Cursor’s new coding model Composer 2 is here: It beats Claude Opus 4.6 but still trails GPT-5.4
Cursor, a San Francisco AI coding platform from startup Anysphere valued at $29.3 billion, has launched Composer 2, a new in-house coding model now available inside its agentic AI coding environment, [...]
Cursor's Composer 2 was secretly built on a Chinese AI model — and it exposes a deeper problem with Western open-source AI
The $29.3 billion AI coding tool just got caught with its provenance showing. When Cursor launched Composer 2 last week — calling it "frontier-level coding intelligence" — it presented t [...]
Vibe coding platform Cursor releases first in-house LLM, Composer, promising 4X speed boost
The vibe coding tool Cursor, from startup Anysphere, has introduced Composer, its first in-house, proprietary coding large language model (LLM) as part of its Cursor 2.0 platform update. Composer is d [...]
SpaceX and Cursor strike partnership that might end in a $60 billion acquisition
SpaceX and AI company Cursor have struck a new partnership that could see the owner of X buy the AI company for $60 billion later this year. "SpaceXAI and @cursor_ai are now working closely t [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Orbital AI data centers could work, but they might ruin Earth in the process
At the start of the month, Elon Musk announced that two of his companies — SpaceX and xAI — were merging, and would jointly launch a constellation of 1 million satellites to operate as orbital d [...]
Anthropic launches Claude Sonnet 5 at a steep discount to its top model as the company races toward a blockbuster IPO
Anthropic today released Claude Sonnet 5, a new AI model that the company says delivers near-flagship performance at mid-tier prices — a move designed to give cost-conscious enterprise developers ac [...]