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SpaceX said it has struck a deal with Cursor to develop a next generation ‘coding and knowledge work AI’ The deal includes a surprising provision—an option to buy the popular software development platform for $60 billion later this year.
SpaceX has the option to acquire Cursor for $60 billion later this year.
KEY POINTS
- Cursor was valued at just $2.5 billion in January 2023, now targeting $50 billion.
- The partnership will combine Cursor’s distribution with SpaceX’s Colossus supercomputer, boasting million H100-equivalent compute.
- Cursor and xAI currently lack proprietary models on par with Anthropic and OpenAI.
COMPANIES
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