SpaceX will move forward with its $60 billion acquisition of AI startup Cursor as Elon Musk's company seeks a competitive edge against Anthropic and OpenAI after its Wall Street debut.

SpaceX exercised its option to buy Cursor for $60 billion in all stock, the largest startup acquisition ever, arming xAI and Grok against rivals Anthropic and OpenAI.

Cursor competes directly with Anthropic's Claude Code and OpenAI's Codex in the AI coding space, a market that has quickly become one of the most profitable corners of the AI business.

SpaceX has acquired Cursor, the AI coding startup behind the popular code editor, for $60 billion in an all-stock deal, days after its record-breaking IPO. The move helps Elon Musk's company close the gap with AI rivals Anthropic and OpenAI in the enterprise coding market,

AI thrives on data but feeding it the right data is harder than it seems. As enterprises scale their AI initiatives, they face the challenge of managing diverse data pipelines, ensuring proximity to insights, and supporting a growing range of workloads.

xAI added Grok 4 powered vending machine in its office, in partnership with Andon Labs. XAI Grok 4 beat OpenAI GPT-5 in real world vending machine operation This shows Grok 4’s long-term coherence syccess. Managing a long running business scenario in ...

Grok is coming for the coding-focused customers of its bigger rivals. Elon Musk's xAI dropped a new AI model this week, specifically for developers, calling it a "speedy and economical reasoning model" meant to help with coding projects. However, the model ...

A former xAI engineer is suing the company and SpaceX, alleging he was fired for raising AI safety concerns about Grok days before SpaceX's historic IPO.