SpaceX will acquire Cursor for $60 billion, with multiple investors hesitating due to its reliance on AI models.

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AIMPACT News. On April 24 (UTC+8), the popular AI coding startup Cursor announced that SpaceX may acquire it for as much as $60 billion. Weeks earlier, Cursor had sought funding in the tens of billions of dollars but was rejected by multiple large investment firms. According to people familiar with the matter, the main reason investors were hesitant was Cursor’s deep reliance on Anthropic’s AI model, which could make the costs of training and running the model extremely high. The reason SpaceX can offer a price far higher than other bidders is, on the one hand, its urgent internal need for AI coding tools, and on the other, the fact that it has substantial computing resources.

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