tech ๐ค SpaceX buys Cursor for $60B to challenge OpenAI and Anthropic
SpaceX finalized a massive $60 billion acquisition of the AI coding startup Cursor on August 14th. This deal positions Elon Musk's firm to compete directly with rivals like Anthropic PBC and OpenAI. Cursor, known for its 2023 AI assistant, is a rapidly growing player in the 'vibe coding' space. The integration will grant Cursor's team access to SpaceX's vast AI chip resources for building stronger models. Musk insists that AI revenue must surpass all other SpaceX revenue by September. ๐