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SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
SpaceX is acquiring AI coding startup Cursor for $60 billion to strengthen its position against rivals Anthropic and OpenAI. The deal, set to close in Q3, will make Cursor a wholly owned subsidiary, leveraging its AI coding tools and access to expert engineers. SpaceX's recent Wall Street debut saw a 9% stock increase.
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