SpaceX lines up $60 billion deal for AI start-up Cursor
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The 4-year-old startup just propelled SpaceX in the AI coding race.
The rocket company said it will either acquire Cursor later this year or pay $10 billion for their work together
Cursor announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation. The startup built a popular AI coding tool that helps software developers generate, edit and review code. Cursor said it has crossed $1 billion in ...
The startup is launching Wingman, a personal AI agent that operates on messaging platforms like WhatsApp or iMessage.
SpaceX on Tuesday announced a unique deal with AI startup Cursor that will offer it the option to buy the company for $60 billion later this year.
Tesla reported an uptick in quarterly revenue and profit, but the costs of pivoting to an AI future are starting to add up. Why it matters: CEO Elon Musk has directed the company to invest heavily in the development and production of humanoid robots,
Partnering with Cursor could be a crucial step for Elon Musk to get ahead of AI rivals like OpenAI and Anthropic.