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AI News from ET - SpaceX to acquire AI coding company Cursor for $60 billion

Vishwadeep Khatri
in AI News & Two Lenses

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SpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster SpaceX's enterprise AI market presence, following its recent blockbuster IPO. The deal, expected by Q3 2026, could significantly boost xAI's capabilities.

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