SpaceX's all-stock Cursor deal illustrates the power of the public markets, which could help SpaceX catch up to Anthropic's and OpenAI's models via acquisitions
Shares in Elon Musk's SpaceX have been on a tear, giving the rockets and artificial intelligence company financial resources to box out competitors.
Source: Cursor, which is prepping for an acquisition by SpaceX, passed $4B in annualized revenue in the past week, up from $3B in late April and $2B in February
Source: Cursor, which is prepping for an expected acquisition by SpaceX, passed $4B in annualized revenue in the last week, up from $3B in April and $2B in Feb.
Source: Cursor reached $3B in annualized revenue in late April and now has 3,000+ customers paying at least $100K each for its software on an annualized basis
Source: Cursor reached $3B in annualized revenue in late April and now has 3,000+ customers paying at least $100K each for its software on an annualized basis
Cursor's annualized revenue hit $3 billion in late April, according to a person familiar with the matter, indicating growing demand …
Sources: Cursor hit $2.7B in annualized sales in March, up ~14x from a year ago, and reported a nearly $900M loss in its past fiscal year on ~$770M in revenue
Weeks before Cursor agreed to a $60 billion potential takeover from SpaceX, the hot AI coding startup set out to raise billions of dollars.
Sources: Cursor is in advanced talks to raise about $2B co-led by a16z at a pre-money valuation of more than $50B, with Nvidia participating
Cursor, a leading artificial intelligence startup for coding, is in advanced talks with investors to raise about $2 billion in a funding round …
Sources: Cursor is in advanced talks to raise about $2B co-led by a16z at a pre-money valuation of more than $50B, with Nvidia participating
Cursor, a leading artificial intelligence startup for coding, is in advanced talks with investors to raise about $2 billion …
A look at Neo, a VC firm that made early bets on startups including Kalshi and Cursor, pushing the value of its first two funds far above industry averages
The venture firm, led by CEO Ali Partovi, illustrates the growing gulf between a few top performers and the industry medianLinkedIn:Yuliya ChernovaandHadi PartoviLinkedIn:Yuliya Chernova:The 2021 vent...
Cursor says Composer 2 is “frontier-level at coding” and is priced at $0.50/1M input tokens and $2.50/1M output tokens, with a faster variant costing 3x more
38.0 — 40.0 — 56.9 — These quality improvements come from our first continued pretraining run …