SpaceX, AI and Cursor
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By Jeffrey Dastin, Ross Kerber and Echo Wang SAN FRANCISCO / BOSTON, April 23 (Reuters) - SpaceX is telling prospective investors its board will not need a majority of directors who are independent of the company,
IPO investors could be spoiled this year, as three AI juggernauts in SpaceX, OpenAI, and Anthropic look to go public. Undoubtedly, it’s quite unusual to have such mega-cap tech titans land on the public markets with valuations in the hundreds of billions,
Sen. Elizabeth Warren (D-Mass.) said Monday she will keep pressing the National Labor Relations Board for answers after it dropped charges against Elon Musk's SpaceX over the firing of engineers who had criticized Musk,
By Echo Wang, Jeffrey Dastin and Max A. Cherney NEW YORK, April 23 (Reuters) - SpaceX may be tackling one of the biggest challenges in the chip business: manufacturing the keys to powering artificial intelligence called graphics processing units,
Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion "collaboration fee" and a path to a $60 billion acquisition.
SpaceX's $60B Cursor AI deal isn't just about compute. It's a three-part bet on distribution, the Colossus supercomputer, and the humans behind the code.
Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
The move might be to protect customers' privacy in the event a hacker gained access to a network that uses Starlink dishes.