A federal lawsuit has been filed against Elon Musk's xAI over its Colossus supercomputer in Memphis, Tennessee, where residents of the predominantly Black Boxtown neighborhood report noise and air pol…
Wedbush Securities initiated stock coverage on SpaceX with a $190 price target and 'Outperform' rating, citing strengths in Starlink connectivity, Starship launches, and AI compute projects. Analyst D…
SpaceX is offering Memphis residents a 50% discount on Starlink internet service amid backlash over its Colossus AI data center's energy use and emissions. The promotion, which includes waived hardwar…
SpaceX is acquiring AI coding startup Cursor for $60 billion in an all-stock deal, folding it into the xAI division alongside Grok and the Colossus supercomputer cluster. The acquisition signals that …
SpaceX is offering Memphis-area residents half-price Starlink internet, waiving hardware costs, as xAI expands its Colossus AI data center in the region. The promotion aims to thank the local communit…
Cursor launched an iOS app and Progressive Web App for Android, allowing developers to prompt and monitor AI coding agents from their phones. The move signals a shift from writing code to supervising …
The Southern Environmental Law Center (SELC) is challenging xAI's data center buildout in Memphis, Tennessee, over clean air violations. Senior attorney Amanda Garcia discusses the legal fight against…
SpaceX has transformed into an AI landlord by leasing computing power from its Colossus data center to AI startups and tech giants, mirroring McDonald's real estate model. The company has signed deals…
Elon Musk's xAI installed 27 unpermitted gas turbines in a Black Mississippi neighborhood to power its Colossus data center, and the Trump DOJ moved to dismiss a lawsuit challenging the project, citin…
Anthropic confirmed deprecation timelines for several Claude models, with developers needing to migrate before older 4-series models are retired. xAI's Colossus 2 supercluster in Memphis is now operat…
SpaceX acquired Anysphere, the company behind AI code editor Cursor, for $60 billion in an all-stock deal, ending Cursor's model-neutral architecture and creating vendor lock-in risks for enterprise t…
SpaceX announced it will acquire Anysphere, the parent company of AI coding tool Cursor, for $60 billion in stock, four days after its Nasdaq debut at a $1.77 trillion valuation. The deal pairs Cursor…
The Department of Justice sided with xAI in a lawsuit over unpermitted gas turbines at its Memphis data centers, arguing that shutting down the turbines would harm national, economic, and energy secur…
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal, granting Cursor's investors equity in SpaceX instead of cash. The acquisition, expected to close in Q3 2026, wil…
SpaceX has acquired Cursor, a competitor to Claude Code and OpenAI's Codex, for $60 billion in June 2026, following a $10 billion partnership in April. The deal aims to leverage xAI's Colossus infrast…
SpaceX's IPO closed up 19% at $161 per share, delivering the largest market debut in history with a valuation exceeding $2 trillion, driven partly by its AI arm through the xAI acquisition. The succes…
Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to 110,000 Nvidia GPUs, in a deal worth roughly $30 billion. The agreement, disclosed in a regulatory filin…
Google will pay SpaceX $920 million per month from October 2026 through June 2029 for access to approximately 110,000 NVIDIA GPUs and other computing components, according to a regulatory filing Frida…
Cognition CEO Scott Wu said his company's AI coding agent Devin is not designed to replace human programmers, despite the startup's $1 billion funding round at a $26 billion valuation. Wu, a former ch…
Elon Musk stated on X that SpaceX has not committed to leasing its Colossus data center to Anthropic for multiple years, describing the arrangement as a 180-day lease with 90-day mutual cancellation r…