Until a few hours before SpaceX announced its deal, giving it the option to acquire Cursor — the maker of AI-powered coding software — for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. The …

SpaceX said it has struck a deal with Cursor to develop a next-generation “coding and knowledge work AI,” which includes a surprising provision — an option to buy the popular software development platform for $60 billion later this year. Partnering with and potentially purchasing a leader in the hottest AI …

AI coding company Cursor launched a new model this week called Composer 2, which it promoted as offering “frontier-level coding intelligence. ” However, an X user posting under the name Fynn soon claimed that Composer 2 was “just Kimi 2. 5” with additional reinforcement learning — Kimi 2. 5 being …

And then there were two: Of the original 11 co-founders who kickstarted xAI with Elon Musk three years ago, only two remain as the deep learning lab continues a personnel overhaul to compete with Anthropic and OpenAI. That rebuilding, insists Musk, is by design. “xAI was not built right first …

As agentic coding spreads, the working life of a software engineer has become dazzlingly complex. A single engineer might oversee dozens of coding agents at once, launching and guiding different processes as necessary. It’s a lot to keep track of, and human engineers’ attention has quickly become the limiting resource. …