SpaceX officially closes its Cursor acquisition | TechCrunch

spacex-officially-closes-its-cursor-acquisition-|-techcrunch

In Brief

Posted:

Cursor
Image Credits:Jagmeet Singh / TechCrunch
  • Anthony Ha

AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor blog.

Elon Musk’s SpaceX — which also acquired Musk’s xAI earlier this year — announced a deal in April for the companies to develop technology together; the deal also gave SpaceX the option to acquire Cursor for $60 billion. Two months later, as SpaceX became a public company, the companies said they were moving forward with the acquisition.

In its announcement that the deal has closed, Cursor repeatedly referenced SpaceX’s computing infrastructure, which the company has been renting out to customers including Anthropic and Google. (SpaceX also faces a lawsuit over the pollution created by its data center gas turbines.)

Cursor said that by becoming part of SpaceX, it will have “access to the largest fleet of GPUs in the world.”

“SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today,” the company added. “Cursor will be one place where that intelligence becomes useful.”

Newsletters

Subscribe for the industry’s biggest tech news

Related

Latest in AI

Source: Techcrunch

Leave a Comment

Your email address will not be published. Required fields are marked *

mt-sample-background

© 2024 Egerin. All rights reserved.

Scroll to Top

Subscribe to receive News in Email

* indicates required

Intuit Mailchimp