ME News reports that on April 22 (UTC+8), according to monitoring by Beating, SpaceX has announced a partnership with the code editor company Cursor to jointly develop the next generation of AI for coding and knowledge work. The specific terms: Cursor has granted SpaceX an option to acquire the company later this year for $60 billion; if SpaceX does not exercise the option, it will instead pay $10 billion as a collaboration fee. As part of the partnership, SpaceX is providing the Colossus supercomputer, which it claims has computing power equivalent to one million NVIDIA H100 GPUs, while Cursor is contributing its AI coding products and distribution channels targeted at professional software engineers. Last week, xAI began leasing tens of thousands of chips to Cursor for training its latest models. Cursor is currently raising funds at a target valuation of $50 billion, following a previous valuation of $29.3 billion. (Source: BlockBeats)
SpaceX announces a $60 billion acquisition option with Cursor.
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Summary
On April 22 (UTC+8), SpaceX announced a partnership with the code editor firm Cursor to develop next-generation AI for coding and knowledge work. Cursor granted SpaceX an option to acquire the company for $60 billion later this year, or a $10 billion collaboration fee if the option is not exercised. SpaceX will contribute its Colossus supercomputer, while Cursor provides its AI tools and developer networks. xAI has already leased tens of thousands of chips to Cursor for model training. Cursor is currently raising funds at a $50 billion valuation, up from its previous valuation of $29.3 billion. This partnership announcement adds momentum to the intersection of AI and crypto news.
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