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Source:
Los Angeles Times
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SpaceX acquires Cursor for AI race
SpaceX is moving forward with its $60 billion acquisition of AI startup Cursor, aiming to strengthen its position in artificial intelligence to compete with rivals like Anthropic and OpenAI. The deal will make Cursor a wholly owned subsidiary when finalized in the third quarter, with the company’s AI coding tools potentially expanding SpaceX's technological capabilities. This strategic move follows SpaceX’s recent successful IPO, which saw its shares rise significantly on its first trading day.
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