SpaceX acquires AI programming tool Cursor for $60 billion; Musk rarely admits his Grok is lagging, says acquisition aims to catch up with AI rivals like Anthropic.
According to tech media The Information on August 24, Elon Musk stated directly at an all-hands meeting on the day the acquisition was completed that SpaceX's AI division was lagging behind competitors, and specifically praised Anthropic for being in the lead in the AI race. He emphasized that SpaceX AI's Grok was not a leader in its market and urgently needed to catch up, adding that SpaceX would continue to accumulate the industry's strongest hashrate reserves. Following this acquisition, Cursor CEO Michael Truell will report directly to Musk. Since the two parties signed a cooperation agreement in April this year, 45 Cursor employees have left, but its annualized revenue reached $4 billion in June this year, which will directly boost SpaceX's AI business revenue.
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