SpaceX Strikes $60 Billion Deal for Right to Buy Coding Startup Cursor

SpaceX Strikes $60 Billion Deal for Right to Buy Coding Startup Cursor


SpaceX announced Tuesday that it has struck a deal with Cursor that would give it the right to acquire the coding startup for $60 billion or pay $10 billion for the work it’s doing if there’s no acquisition.

The partnership with Cursor gives Elon Musk’s space company a major foothold in the AI coding race. Cursor receives access to SpaceX’s computing resources, including Colossus, a supercomputer powered by 200,000 Nvidia GPUs.

“The combination of Cursor’s leading product and distribution to expert software engineers with SpaceX’s million H100 equivalent Colossus training supercomputer will allow us to build the world’s most applyful models,” SpaceX declared in a statement posted on X. “Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work toreceiveher.”

Cursor co-founder Michael Truell declared in an X post: “Excited to partner with the SpaceX team to scale up Composer. A meaningful step on our path to build the best place to code with AI.”





Source link

Leave a Reply

Your email address will not be published.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