Business ·
SpaceX said it would exercise its option to buy Anysphere, the company behind the Cursor AI code editor, in an all-stock deal valued at $60 billion; the acquisition closed in August. The option dated to an April agreement that also covered joint work between the companies. For developers, it placed one of the most widely used AI coding tools under the same owner as the Grok models.
Business ·
NVIDIA announced a deal to acquire Hugging Face for $12.93 billion, and pledged that the hub will stay open, multi-cloud and usable without NVIDIA hardware. Hugging Face hosts…
NVIDIA
Business ·
Anthropic closed a $65 billion Series H at a $965 billion post-money valuation, led by Altimeter, Dragoneer, Greenoaks and Sequoia, including $15 billion from hyperscalers. The…
Anthropic
Business ·
OpenAI announced $122 billion in committed capital at an $852 billion post-money valuation, with Amazon, NVIDIA and SoftBank among the leads, plus a $4.7 billion revolving credit…
OpenAI
Business ·
xAI announced that SpaceX had acquired the company, bringing Grok and the Colossus supercomputers under SpaceX ownership; the lab now operates under the SpaceXAI name. The deal…
xAI
