SpaceX strikes $60 billion deal for the right to buy AI coding startup Cursor

“SpaceXAI and @cursor_ai are present moving intimately unneurotic to make the world’s champion coding and cognition enactment AI,” the station said.

“The operation of Cursor’s starring merchandise and organisation to adept bundle engineers with SpaceX’s cardinal H100 equivalent Colossus grooming supercomputer volition let america to physique the world’s astir utile models,” the station said. “Cursor has besides fixed SpaceX the close to get Cursor aboriginal this twelvemonth for $60 cardinal oregon wage $10 cardinal for our enactment together.”

The woody is portion of SpaceX CEO Elon Musk’s program to alteration the rocket institution into an AI behemoth up of its upcoming IPO. Musk merged SpaceX with his xAI startup successful February.

The SpaceX-Cursor tie-up besides shows however AI startups proceed to find larger partners successful bid to unafraid the compute needed to proceed improving their models.

Earlier this week, for instance, Amazon (AMZN) announced a $5 cardinal concern successful Anthropic that volition springiness the AI startup broader entree to its trainium chips.

The SpaceX IPO, targeted for June, is aiming for a $1.75 cardinal to $1.8 trillion valuation, perchance making it the largest successful history.

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