xAI

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 surpassed Amazon to become the world's fifth-most valuable company with a $2.7 trillion valuation, driven by a 20% stock surge on Monday and further gains Tuesday after announcing a $60 billion…

The US Justice Department invoked national security to defend xAI's unpermitted gas turbines, arguing that shutting them down would harm AI innovation supporting military operations. The NAACP sued ov…

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…

The US Justice Department defended Elon Musk's xAI in a pollution lawsuit, arguing that the gas turbines powering its AI data center are vital to national security. The NAACP sued xAI for operating me…

Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after its share price surged more than 50% following its Nasdaq listing. The boost came as SpaceX announced it…

Elon Musk's SpaceX IPO, which includes Starlink and xAI, has been approved by U.S. regulators, generating $75 billion for Musk despite widespread criticism that the valuation is inflated and the compa…

SpaceX acquired Anysphere, the startup behind AI coding editor Cursor, in a $60 billion all-stock deal announced four days after SpaceX's Nasdaq IPO. The acquisition, expected to close in Q3 2026, giv…

SpaceX has revealed plans to build orbital AI data centers using a constellation of up to one million satellites, as reported by Reuters on June 9. The initiative aims to move AI inference infrastruct…

SpaceX made its $60bn acquisition of Anysphere, the startup behind AI coding tool Cursor, official in a Tuesday SEC filing. The all-stock deal comes days after SpaceX's record IPO and aims to bolster …

SpaceX has secured a call option to acquire Anysphere, the company behind AI code editor Cursor, for $60 billion. The deal comes as SpaceX prepares for an IPO, with Cursor generating $4 billion in ann…

SpaceX confirmed on June 16 it will acquire Anysphere, the company behind AI coding agent Cursor, for $60 billion in an all-stock deal, according to Reuters and Business Insider. The acquisition, expe…

SpaceX announced it is acquiring AI coding platform Cursor for $60 billion, aiming to bolster its enterprise AI capabilities and compete with rivals like Anthropic and OpenAI. The deal, expected to cl…

Six months after mapping the AI value chain, the compute supply chain and operational infrastructure layers show strong revenue growth and stability, but the intelligence layer faces uncertainty as en…

SpaceX has agreed to acquire AI coding startup Cursor for $60 billion in stock, days after its historic IPO. The deal aims to bolster SpaceX's AI division, which has faced controversies and restructur…

ChatGPT's market share fell below 50% for the first time in May 2026, dropping to 46.4% as users migrated to rivals like Google's Gemini and Anthropic's Claude, according to Sensor Tower's State of AI…

XAI trained its Grok V9 model on private coding data from Cursor, not just public GitHub repositories, using 1.5 trillion parameters to understand how developers actually code.…

XAI shipped the Grok Build Agent Dashboard on June 15, 2026, enabling developers to run up to eight parallel coding agents from a single terminal interface. The dashboard automatically sorts sessions …

A U.S. federal judge dismissed with prejudice a trade-secret lawsuit by Elon Musk's xAI against OpenAI, ruling that xAI failed to show OpenAI induced a former engineer to disclose confidential informa…

XAI's Grok coding model is now natively integrated into the Warp terminal, allowing SuperGrok subscribers to use it without consuming Warp platform credits. The move adds Grok to Warp's existing AI mo…