SpaceX closed its $60 billion all-stock acquisition of Cursor, the AI coding assistant built by Anysphere, on August 14, 2026, integrating the team into its SpaceXAI division. The deal, which makes Cu…
SpaceX closed its $60 billion acquisition of AI coding startup Cursor on Friday, following an initial partnership in April and a commitment in June. The two companies have already collaborated on trai…
Elon Musk told SpaceX employees during an all-hands meeting that the company will train its Grok AI model on the 'sum total' of SpaceX's institutional knowledge, making employees 'effectively the pare…
Elon Musk told SpaceX employees during an all-hands meeting that the company will train its GrokAI on the 'sum total' of SpaceX's information, including employee work and contributions, making them 'e…
Cursor has been officially acquired by SpaceX, completing a process that began in April when Cursor partnered with SpaceXAI to accelerate model training. The acquisition gives Cursor access to the lar…
MoffettNathanson analysts cast doubt on SpaceX's plan to build a terrestrial wireless network of satellite-backhauled small cells, arguing the 'bull case' hinges on securing an MVNO deal with one of t…
OpenAI's annualized revenue is set to top $40 billion, according to Bloomberg, positioning the ChatGPT maker for a blockbuster IPO as early as this year. However, cost-conscious customers are increasi…
Serena Williams, founder of Starfire Ventures (formerly Serena Ventures), said she has had to learn mentorship in her new role as entrepreneur-in-residence for Reckitt's Catalyst program, emphasizing …
Investors in Anthropic expect the Claude maker's IPO in October to value the company at $2 trillion or more, which would make it the largest initial public offering ever, surpassing SpaceX's $1.77 tri…
Anthropic investors expect the AI lab to go public in October with a targeted valuation of $2 trillion or higher, which would more than double its $965 billion valuation from May and eclipse SpaceX's …
Investors in Anthropic, the developer of the Claude AI models, are targeting a $2 trillion valuation for its October IPO, according to the Financial Times, citing the company's projected revenue of $1…
OpenAI has released a preview of its ChatGPT desktop application for Linux, an Electron-based proprietary program that supports Ubuntu 24.04 LTS and 26.04 LTS, Debian 13, and Fedora 43 and 44 on x86-6…
Anthropic could target a valuation north of $2 trillion as the AI lab eyes an October launch for its IPO, according to a Financial Times report. That would break the record $1.77 trillion that SpaceX …
Anthropic investors expect the AI lab's upcoming IPO, slated for around October, to value the company at least $2 trillion, more than double its current valuation, according to half a dozen investors …
Anthropic investors expect the AI startup to float at a valuation of $2 trillion or more in October, a figure that would eclipse SpaceX and make its debut the largest-ever initial public offering. Hal…
SpaceX (SPCX) shares jumped 9.7% on Wednesday after CEO Elon Musk released the latest Grok AI model and held a companywide meeting reiterating the goal of making humanity multiplanetary. The stock gav…
Elon Musk told SpaceX employees that artificial intelligence revenue could overtake every other part of the business by September, and that AI could account for 99% of SpaceX's value within four or fi…
Elon Musk's SpaceX and Mark Zuckerberg's Meta released AI models this week that close the gap on OpenAI and Anthropic, with Grok 4.6 scoring nearly even with GPT-5.6 Sol Max on the Artificial Analysis…
Elon Musk told SpaceX employees that AI revenue could overtake rockets, spacecraft and Starlink as soon as September, according to Business Insider. In Q2, SpaceX generated $7.81 billion in revenue, w…
Norway's $2.3 trillion sovereign wealth fund posted a record 1.75 trillion Norwegian crowns ($184.3 billion) profit in the first half of 2026, driven by strong equity markets, particularly Asian techn…