
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal, concluding an agreement first announced in April. The acquisition values Cursor's parent company Anysphere at $60 billion and is expected to close in the third quarter of 2026. Cursor will help shore up SpaceX's xAI division.
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Summary by ByteBrief
OpenAI buys cloud startup for AI coding tool