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Cursor, the coding startup set to be acquired by SpaceX for $60 billion later this year, has been mapping out a major transformation.
Michael Truell, Cursor’s CEO, told staff in a companywide meeting in May that the company aims to become a top-tier AI model developer, according to three people who heard the comments, a shift from its roots of specializing in coding. Cursor has also accelerated hiring in sales and growth roles, though it has made smaller cuts elsewhere.
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Stripe and private equity firm Advent International made an unsolicited joint offer to buy PayPal at $60.50 per share, valuing the company at more than $53 billion, Reuters reported late Tuesday. Stripe and Advent haven’t received a response from PayPal, and there’s no certainty the offer will ... Read more ›
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The preventive-health startup recently raised $700 million from investors including Mark Zuckerberg and Will.i.am. Read more ›
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Last-four clash sees Harry Kane's Three Lions take on Lionel Messi and company in a battle to face Spain in Sunday's final. Read more ›
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Netflix just can't let Stranger Things go. Since the final episode aired on New Year's Eve there's been a behind-the-scenes documentary, an animated series that expands the story, and now, on the 10th anniversary of the show's original release, Netflix has released a new version of the show's first season. The episodes have all been […] Read more ›
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Asus is claiming that CXMT-made DDR5 RAM performs worse than SK Hynix-made DDR5 at the same clock speeds, while being harder to manually overclock as well. It also allegedly doesn't scale with voltage or allow the subtimings to be tuned properly. Read more ›
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Director Matt Reeves released a brief teaser video to mark the film's fourth delay in three years. Read more ›
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The longer I cover the money behind AI, the more I learn about new markets opening up to data center developers or operators, chip manufacturers and others looking for money to build ambitious AI projects. That’s what makes this job so interesting. For the past several months, I’ve been wondering about a market I keep hearing referred to by the Securities Act of 1933 rule that governs it: Rule 144A.... Read more ›
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Elon Musk’s AI company, SpaceXAI, and Cursor released Grok 4.5, an AI model focused on coding and agentic work, on Wednesday. The Information was the first to report on the release date, which Musk confirmed on Tuesday night. The model is the first joint AI model that SpaceXAI and Cursor have ... Read more ›
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How about that? SpaceX’s AI unit is rolling out some AI products of value to businesses. On Wednesday, SpaceXAI—as the unit is called—and its soon-to-be subsidiary Cursor jointly introduced Grok 4.5, a model “built for coding, agentic tasks and knowledge work.” A week ago, SpaceX introduced a “Voice Agent Builder” enabling small businesses to set up an AI that can talk on the phone and handle customer service calls, among... Read more ›
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Wonder, the owner of GrubHub and Blue Apron, is lining up hundreds of millions of dollars, at a valuation of $9 billion, in what could be its last round before going public. To seal the deal, founder Marc Lore has been offering investors sweeteners—and putting his own money in the pot. The company has arranged to give investors in the financing extra shares if Wonder’s stock price in an initial... Read more ›
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Wonder, which owns GrubHub and Blue Apron, is raising hundreds of millions of dollars at a valuation of $9 billion, The Information reported Wednesday. To entice investors, Wonder has arranged to give backers of the financing extra shares if the restaurant and delivery startup’s stock price in ... Read more ›
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Anthropic on Thursday reiterated its policy that access to it Claude models and coding tools is not permitted in China, responding to the Chinese government’s recent warning about a security backdoor in Claude Code. The U.S. company said what Beijing’s warning described as a hidden backdoor is ... Read more ›
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Apple is on a quest to shrink powerful AI models to run on iPhones, which could cut down on cloud computing costs and enhance user privacy. But a small startup that emerged from stealth mode earlier this year says it recently got an AI model running on an iPhone bigger than any previous mobile model. The startup, PrismML, said it has shrunk down Qwen 3.6, an open-source large language model... Read more ›
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As businesses spend more on AI from Anthropic and other new providers, traditional enterprise apps and IT services providers are sometimes fighting for a smaller piece of the pie.In one example, French biopharmaceutical giant Sanofi told me it’s using its own in-house AI agent developed with Claude Code and software from an AI startup, Elementum, to reduce usage of ServiceNow IT management software. Read more ›
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15.07.2026 13:03
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