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Cursor

All articles tagged with #cursor

technology8 days ago•18 min saved

SpaceX Bets on Cursor to Forge an AI Platform

SpaceX plans to acquire Cursor’s parent Anysphere for $60 billion in Class A shares, aiming to transform SpaceX from a compute provider into a full AI platform by combining Cursor’s developer workflow with SpaceX tech (Grok, Starlink) and potential Tesla robotics links. Morgan Stanley sees upside, forecasting Cursor’s ARR to grow from about $4B mid-2026 to roughly $33B by 2030, with most revenue from enterprise clients, though risks include competition from open-source tools and margin pressures. The deal is expected to close in Q3 2026 and could hinge on execution of Cursor’s proprietary models and broader platform synergies.

via Yahoo Finance|

#acquisition #artificial-intelligence #cursor

technology9 days ago•1 min saved

SpaceX finalizes Cursor buy, fueling cheaper AI coding with massive GPUs

SpaceX completed its $60 billion acquisition of Cursor, giving Cursor access to SpaceX’s vast GPU fleet to develop and train cheaper AI models. The deal follows SpaceX’s merger with xAI into SpaceXAI, and the teams have already released Grok 4.5 and 4.6 focused on coding and real-world tasks.

via Engadget|

#ai #cursor #grok

business10 days ago•4 min saved

SpaceX seals $60B Cursor deal to turn GPUs into AI software engine

SpaceX has completed its $60 billion takeover of Cursor (Anysphere), gaining Cursor’s GPU compute capabilities and engineers to accelerate SpaceXAI’s Grok-based AI tooling; Cursor even announced Firetiger joining the day before closing, signaling a rapid integration. The move expands SpaceX’s shift from rockets to a software-led AI business aimed at competing with Anthropic and OpenAI, while questions linger on pricing, unit economics, and how the Cursor brand will endure as compute becomes central to value.

via The Next Web|

#ai-compute #business #cursor

business13 days ago•3 min saved

SpaceX eyes $100bn annual revenue by year-end via AI cloud bets

SpaceX signaled it expects to reach a $100bn annualized revenue run rate by December, up from about $31bn in 2Q26, with Deutsche Bank analysts' model centering on neocloud (Anthropic) expansion, a ramp in a Google deal, a potential $6.7bn six‑month government engagement, and Cursor’s forthcoming contribution after the 3Q closing; this could drive ARR to roughly $45‑$50bn by year‑end, while capex to deploy 5‑10 GW of compute next year pushes SpaceX’s capex toward $200bn and likely requires more debt or financing beyond $100bn.

via Financial Times|

#arr #business #cursor

technology13 days ago•3 min saved

Grok Bot debuts as AI teammate for Apple devices from SpaceXAI and Cursor

SpaceXAI and Cursor unveiled Grok Bot, an AI teammate app for iPhone and Mac that signs into your tools, completes work end-to-end, and remembers conversations to improve with use. The beta is live on Mac and iOS, with Windows and Linux versions available and Android coming soon; initial access is limited to select premium subscribers (SuperGrok Heavy, Cursor Ultra, and Cursor Teams Premium).

via 9to5Mac|

#ai-assistant #beta-release #cursor

technology1 month ago•2 min saved

SpaceXAI debuts Grok 4.5, a faster, cheaper coding-focused AI for business

SpaceXAI released Grok 4.5, its most capable model yet and its first since going public and acquiring Cursor, pitched as a coding/automation tool for business use. Trained with Cursor, Grok 4.5 is claimed to outperform some rivals on engineering and knowledge tasks while being faster and cheaper, priced at $2 per million input tokens and $6 per million output tokens. It’s available in Grok Build, Cursor on all plans, and SpaceXAI’s console (not yet in the EU). While it trails the largest OpenAI/Anthropic models in peak performance, SpaceXAI positions Grok as a cost-effective enterprise option and notes potential revenue from compute capacity leasing.

via Axios|

#ai-model #cursor #grok-45

technology1 month ago•6 min saved

SpaceXAI and Cursor Set to Unveil Grok 4.5 AI Model This Wednesday

SpaceXAI and Cursor plan to launch their first jointly developed AI model, Grok 4.5, as soon as Wednesday after delaying the rollout to improve efficiency; the model is designed for rapid information processing and aims to rival Anthropic’s Opus 4.8.

via The Information|

#ai-model #cursor #grok-45

technology1 month ago•3 min saved

Cursor Debuts iOS App After SpaceX Acquisition

Cursor has released its first iPhone/iPad app after SpaceX (including xAI) acquired the coding firm, letting users launch and manage AI coding agents, review diffs, annotate images, and chat with agents via voice, with Live Activities updates and remote cloud/local handoffs; the app supports demos/diffs before merging PRs, and Cursor is teasing repo-less chats as part of future plans, while offering 75% off Composer 2.5 runs through July 5, 2026 and directing users to download from the App Store.

via 9to5Mac|

#ai #app-store #cursor

business2 months ago•20 min saved

SpaceX's Cursor Deal Triggers $620B Slump as Dilution Hits Valuation

SpaceX’s stock reversed gains after revealing a $60 billion all-stock acquisition of Cursor, diluting existing shares by about 3.4% and wiping roughly $620 billion off SpaceX’s market value since Tuesday’s peak, lowering its market cap to about $2.37 trillion from roughly $2.99 trillion. Morningstar cut its fair value to $62 and cautioned on dilution, while Oppenheimer remained more bullish with a potential path to $250 per share by year‑end; Elon Musk’s net worth slipped by about $67.8 billion to around $1.2 trillion. The move follows frothy IPO demand and underlines how investors are pricing AI/tech bets into SpaceX’s lofty valuation.

via Yahoo Finance|

#business #cursor #dilution

business2 months ago•16 min saved

SpaceX’s Cursor deal underlines AI app-layer premiums

SpaceX’s $60 billion acquisition of Cursor has sparked a debate on AI valuations, with Ackman and Palihapitiya arguing the premium reflects AI software’s ability to own core workflows at the application layer; analysts say the deal signals a broader trend of premium pricing for enterprise AI platforms, a view echoed by SpaceX’s stock reaction.

via Yahoo Finance|

#ai #business #cursor

technology2 months ago•19 min saved

SpaceX bets Cursor to turbocharge its AI stack

SpaceX announced it will acquire Cursor’s parent company Anysphere for $60 billion, a move aimed at boosting SpaceXAI by giving developers access to a popular AI-coding platform and additional compute capacity. The deal complements SpaceX’s broader plan to vertically integrate its AI efforts—from compute and energy infrastructure at the bottom to the SpaceXAI model layer in the middle and Cursor as a fast-growing top app—in hopes of closing the gap with frontier players like Anthropic, OpenAI, and Google. While Cursor could help accelerate adoption and tooling, SpaceX still faces the challenge of developing high-powered AI models to compete with the best in the field.

via Yahoo Finance|

#ai #anysphere #cursor

business2 months ago•2 min saved

SpaceX shares swing wildly as Cursor deal stirs valuation bets

SpaceX's stock has been volatile after announcing a $60 billion deal to acquire Cursor from Anysphere, briefly surging above $225 after its IPO price of $135 and later retreating to around $185. Analysts are divided: Morningstar flags SpaceX as overvalued with a fair value around $62 and a best case around $169, while Oppenheimer has raised its price target to $250. The path forward remains uncertain, with some suggesting the stock could fall further, though a drop below roughly $138 could affect Musk's trillionaire status.

via Mashable|

#business #cursor #ipo

technology2 months ago•3 min saved

SpaceX to Buy Cursor for $60B to Supercharge AI Coding Tools

SpaceX will acquire Cursor, an AI-powered coding IDE, in an all-stock deal worth $60 billion set to close in Q3, bolstering SpaceX/xAI’s enterprise AI push after a recent IPO and SpaceX-xAI merger. Cursor has seen revenue growth but faced stiff competition from Claude Code and other players, and the transaction aims to pair Cursor’s product with SpaceX’s compute resources, though success in a crowded market is not guaranteed.

via Ars Technica|

#acquisition #ai #coding

technology2 months ago•12 min saved

SpaceX to buy Cursor maker Anysphere for $60B in all-stock deal

SpaceX confirmed it will acquire Anysphere, the maker of Cursor, for $60 billion in an all‑stock transaction, expected to close in Q3 pending regulatory approvals. Cursor is an AI-powered code editor with features like a chatbot, code autocomplete, and autonomous AI agents, and the deal follows an earlier option that could have priced a Cursor partnership at about $10 billion. The move signals SpaceX’s push to expand in the enterprise AI market, with Cursor reportedly generating roughly $2.6 billion in annualized revenue.

via Yahoo Finance|

#acquisition #ai-coding #anysphere

business2 months ago•3 min saved

SpaceX to Acquire Cursor AI for $60 Billion to Bolster Coding Tools

SpaceX announced it will acquire Cursor, the AI coding startup behind a popular code-generation tool, for $60 billion in SpaceX stock, a move aimed at strengthening its AI toolbox amid competition from Anthropic and OpenAI; the deal is expected to close in Q3 after regulatory approvals, with Thrive Capital and other investors involved, and potential contingencies if the deal falls through.

via CNBC|

#acquisition #ai #business