Are OpenAI and Anthropic Moving Away From Reasoning Tech?
The Information
•
Generative AI
AI Tools
Elon Musk rocked the business world again by announcing Tuesday that his rocket-satellite-social media firm SpaceX has signed a deal agreeing to buy AI coding app Cursor for $60B at an undisclosed later date or else SpaceX would pay a $10B breakup fee. It’s one of the biggest acquisitions of a venture backed startup ever, though it’s not much money in the context of an initial public offering that could value SpaceX at $1.5 trillion this summer.