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techSpaceX Deploys Record IPO Capital to Acquire AI Firm Anysphere
SpaceX redirects funds from its record $86 billion IPO to acquire AI coding firm Anysphere for $60 billion, aiming to close the artificial intelligence gap against major tech rivals.
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financeSpaceX Surpasses Amazon as World’s Fifth Most Valuable Company Following Record IPO
SpaceX displaced Amazon in global market cap rankings after a historic $85.7 billion IPO and strategic acquisition of AI coding firm Cursor.
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techSpaceX Acquires AI Coder Cursor in $60 Billion All-Equity Megadeal
SpaceX finalizes a $60 billion all-stock acquisition of Anysphere's AI code editor Cursor, converting investor stakes into direct equity in the aerospace giant.
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worldSpaceX Acquires AI Coding Firm Cursor for $60 Billion
Elon Musk's SpaceX announces a $60 billion deal to acquire Anysphere, the maker of AI coding agent Cursor, significantly expanding its footprint in the enterprise artificial intelligence market amid a rapid commercial scaling of automated software development.
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techAI Startup Cursor Picks London as European Hub, Eyes 200 Hires
Cursor, the AI coding startup valued at $60 billion by SpaceX, will open its European HQ in London and hire 200 staff as demand for developer tools surges.
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cryptoFTX Law Firm Fenwick & West to Pay $54M to Victims in Settlement
Fenwick & West, FTX's law firm, settles class action lawsuit for $54 million, accused of facilitating fraud by hiding misuse of customer funds.
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techMicrosoft on the Hunt for AI Startups, Prepares for Life After OpenAI
Microsoft is exploring acquisitions of AI startups to build its own cutting-edge AI model and reduce reliance on its long-time partner, OpenAI.
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techxAI Strikes $10 Billion Deal with Cursor to Supercharge AI Coding
xAI invests $10B in Cursor, with an option to acquire the startup for $60B in 2026, leveraging Colossus datacenter.