Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation
Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn and has moved ahead of Amazon in valuation days after its stock market debut.
The company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology.
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This article was originally published by The Guardian and written by Dan Milmo Global technology editor.
Read original article on The Guardian