AI News Archive: June 16, 2026 — Part 13
Sourced from 500+ daily AI sources, scored by relevance.
- SpaceX just spent $60 billion on Cursor — and it proves AI chatbots aren't the future anymore
SpaceX just spent $60 billion on Cursor — and it proves AI chatbots aren't the future anymore Tom's Guide
- OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports Reuters
- SpaceX to Acquire AI Coding Leader Cursor in $60 Billion Blockbuster Deal
SpaceX to Acquire AI Coding Leader Cursor in $60 Billion Blockbuster Deal DevOps.com
- SpaceX to Acquire Cursor in $60B Stock Deal, Deepening Elon Musk’s AI Empire
SpaceX will buy Cursor parent Anysphere in a $60B all-stock deal, giving Elon Musk’s company a major AI coding asset days after its IPO. The post SpaceX to Acquire Cursor in $60B Stock Deal, Deepening Elon Musk’s AI Empire appeared first on TechRepublic .
- SpaceX buys AI coding startup Cursor for $60 billion
SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk ‘s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week. SpaceX said in April that it had the rights to buy Cursor, or pay $10 billion to “work together” with the company. In a regulatory filing Tuesday, SpaceX said that Cursor will become a wholly owned subsidiary when the deal closes in the third quarter. Cursor, made by San Francisco startup Anysphere, is a popular AI coding assistant. What SpaceX has described as Cursor’s wide “distribution to expert software engineers” is likely part of what made it attractive to Musk’s company, giving it access to a new customer base. When it first announced the potential acquisition, Cursor said the partnership with SpaceX subsidiary xAI would enable it to build future AI products using xAI’s massive AI data center complex Colossus, based in Memphis, Tennessee. Cursor, which started in 2022, helped sparked a trend called “vibe coding” as AI coding assistants have become increasingly capable of doing the work of computer programming. Cursor competes with other coding tools like Anthropic’s Claude Code and OpenAI’s Codex but also has relied heavily on partnerships with those larger AI research companies for the foundations of its technology. It was Cursor’s Composer, combined with Anthropic’s Claude Sonnet, that a prominent AI researcher was playing with for weekend projects when he coined the phrase “vibe coding” in early 2025. SpaceX became a public company on Friday in what is largely considered a successful debut. Shares of the company have jumped since Friday, and are up 9% before the opening bell Tuesday. —Associated Press
- Job candidates need these 2 AI-proof traits to get hired, says Canva's chief people officer: It's a 'baseline'
Jennie Rogerson, Canva's chief people officer, looks for these two attributes in all job candidates, regardless of their role or department.
- SpaceX Valuation Set to Surpass Amazon. It’s Also Buying AI Coding Agent Cursor.
SpaceX Valuation Set to Surpass Amazon. It’s Also Buying AI Coding Agent Cursor. Barron's
- SpaceX Is Buying AI Agent Cursor. Market Value Set to Top Amazon as Stock Soars.
SpaceX Is Buying AI Agent Cursor. Market Value Set to Top Amazon as Stock Soars. Barron's
- SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
- SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI AP News
- SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI Dallas News
- SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI Houston Chronicle
- SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI
SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI San Francisco Chronicle
- Anthropic Ban Stirs Concerns at OpenAI and Beyond of Crackdown on Foreign AI Talent
Anthropic Ban Stirs Concerns at OpenAI and Beyond of Crackdown on Foreign AI Talent The Information
- SpaceX buys AI coding startup for $60B in race for an edge over Anthropic and OpenAI
SpaceX will move forward with its $60 billion acquisition of AI startup Cursor as Elon Musk's company seeks a competitive edge against Anthropic and OpenAI after its Wall Street debut.
- SpaceX snaps up AI coding darling Cursor as valuation soars past Amazon
Elon Musk’s SpaceX has overtaken Amazon to become the world’s fifth-largest listed company after a blistering post-IPO rally, as the newly public firm unveiled a $60bn (£45bn) takeover of AI coding start-up Cursor. Shares in Musk’s rocket and AI giant rose more than eight per cent in pre-market trading on Tuesday, extending a surge that [...]
- SpaceX Acquires AI Coding Platform Cursor for $60 Billion
SpaceX Acquires AI Coding Platform Cursor for $60 Billion PCMag UK
- U.S. limits on Anthropic Fable AI could hurt cybersecurity
Fable 5 was built to help with advanced cybersecurity work. Its sudden shutdown highlights a dilemma at the heart of AI security: the same tools can aid both defenders and attackers
- Why SpaceX Just Paid $60 Billion to Acquire an AI Coding Company
The Elon Musk-led company is betting on a buzzy startup to reverse its vibe-coding struggles.
- SpaceX Acquires AI Coding Tool Cursor For $60B In Year’s Largest Startup M&A Deal
SpaceX Acquires AI Coding Tool Cursor For $60B In Year’s Largest Startup M&A Deal Crunchbase News
- Cursor CEO 'excited to join forces' with SpaceX after acquisition by Elon Musk's company
Cursor CEO 'excited to join forces' with SpaceX after acquisition by Elon Musk's company The National
- Cybersecurity experts urge Trump admin to lift curbs on Anthropic AI models
A group of cybersecurity executives and experts is asking the Trump administration to lift its directive preventing the use of Anthropic's latest artificial intelligence models by foreign nationals, saying the move could help US adversaries more than it hurts them. Anthropic said Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with the directive. The AI giant said it did not believe the steps taken by the government were warranted by the concern it flagged about a potential security issue. Anthropic has said it was limiting use of some its latest technology to select customers because of its ability to surpass human cybersecurity experts in finding and exploiting computer vulnerabilities. The San Francisco-based company has had discussions with the White House previously about the latest models' capabilities. In the letter Sunday, more than 100 cybersecurity experts and leaders from companies including Adobe and Nvidi
- SpaceX to buy Cursor-maker Anysphere for $60-billion in AI push
SpaceX expects the merger to close during the third quarter of 2026
- SpaceX’s planned $60 billion deal for Cursor raises questions for CIOs
SpaceX’s planned $60 billion deal for Cursor raises questions for CIOs InfoWorld
- Tech giants close AI gap with big buys
Tech giants close AI gap with big buys PitchBook
- SpaceX Aims at Agentic Coding With $60B Cursor Acquisition
The acquisition could help SpaceX expand its developer offerings and will give it access to Cursor’s developer workflow and user analytics.
- SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic
Just two trading days after its IPO, Elon Musk's SpaceX is buying AI coding startup Anysphere. The deal is meant to help the struggling xAI division catch up with Anthropic and OpenAI. The article SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic appeared first on The Decoder .
- SpaceX to take over AI Startup Cursor in $60 billion deal following IPO
SpaceX has sealed its $60 billion takeover of Cursor, strengthening Elon Musk's push to compete in the fast-growing AI coding market
- SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion
SpaceX exercised its option to buy Cursor for $60 billion in all stock, the largest startup acquisition ever, arming xAI and Grok against rivals Anthropic and OpenAI.
- Trump's feud with AI company Anthropic keeps heating up
Anthropic officials are expected to meet with the White House on Monday after the US government, citing national security concerns, ordered the company to cut off access to its latest AI models.
- Riding High After I.P.O., SpaceX Will Buy A.I. Start-Up for $60 Billion
SpaceX exercised its option to acquire Cursor in an all-stock deal, bolstering Elon Musk’s ambitions in artificial intelligence.
- SpaceX locks in $60 billion Cursor deal to power AI coding push
Elon Musk's SpaceX said on Tuesday it would acquire Cursor AI parent Anysphere for $60 billion.
- SpaceX to acquire the AI coding startup Cursor for $60 billion
The deal will help to bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
- Swedish legaltech startup Lightbringer secures $10M Series A to expand AI-powered patent platform -
Swedish legaltech startup Lightbringer secures $10M Series A to expand AI-powered patent platform - ArcticStartup
- SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race
SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race Reuters
- SpaceX to acquire AI coding platform Cursor for $60 billion
Separately, neither could compete. Now they hope they can.
- DOJ invokes national security to defend xAI's unpermitted gas turbines in NAACP lawsuit
US Justice Department calls xAI's chatbot Grok essential to military operations, defending its controversial gas turbines. The article DOJ invokes national security to defend xAI's unpermitted gas turbines in NAACP lawsuit appeared first on The Decoder .
- ContraVault AI raises $3.1 Mn in pre-Series A round led by Chiratae Ventures
Bengaluru-based procurement intelligence startup ContraVault AI has raised $3.1 million in a Pre-Series A funding round led by Chiratae Ventures, with participation from existing investor Titan Capital Winners Fund. The fresh capital will be used to accelerate product development, strengthen the company’s AI capabilities, and support its expansion into international markets, particularly the United States. Founded in 2024 by Sayan Sen, Isha Juneja, and Tanmay Juneja, ContraVault AI offers an AI-powered platform that helps infrastructure and enterprise companies analyse tenders and requests for proposals (RFPs), identify risks, ensure compliance, and streamline bidding decisions. The startup focuses on digitising procurement and bid management processes, a segment that remains heavily reliant on manual workflows despite the scale of public and private infrastructure spending globally. According to the company, its platform has analysed more than one million tenders as part of its training dataset and is currently being used by some of India's largest infrastructure companies. The platform enables enterprises to discover opportunities, evaluate tender documents, assess commercial and compliance risks, accelerate go/no-go decisions, and prepare bid submissions with reduced manual effort. ContraVault AI has expanded beyond tender analysis to become a broader bid management platform serving infrastructure, construction, and energy companies. The startup plans to use the funding to enhance its domain-specific large language models (LLMs) and expand capabilities across procurement intelligence, workflow automation, and AI-assisted decision-making.
- DOJ claims xAI’s unpermitted gas turbines are a matter of ‘national, economic, and energy security’
The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.
- Mobileye to start robotaxi service in 2027, challenging Waymo, Zoox and Tesla
Mobileye to start robotaxi service in 2027, challenging Waymo, Zoox and Tesla Automotive News
- Self-driving tech supplier Mobileye plans US robotaxi service next year
Mobileye will launch its own robotaxi service in the United States next year. The company plans to deploy about 100 robotaxis in a major US city starting in 2027. This move places Mobileye in direct competition with rivals like Waymo and Tesla. Operating its own service will allow Mobileye to accelerate adoption and gain direct operational experience.
- Mobileye is launching its own U.S. robotaxi service
The plans mark a shift from Mobileye's role as a supplier of self-driving technology to other automakers and mobility companies
- Self-driving tech supplier Mobileye targets U.S. robotaxi launch in 2027
Self-driving technology supplier Mobileye Global announced it would launch its own robotaxi service Tuesday.
- Self-driving tech supplier Mobileye plans US robotaxi service next year
Self-driving tech supplier Mobileye plans US robotaxi service next year Reuters
- Mobileye is entering the US robotaxi market with standalone service
The service will leverage its Moovit platform to launch in an a US city in 2027.
- Google's Next Pixel Drop to Reportedly Bring Screen Reactions, Gemini Omni Features to Pixel Phones
Google appears to be preparing its next Pixel Drop update for Pixel smartphones. While the Mountain View-based tech giant has yet to announce its arrival, a series of promotional videos have been spotted online, offering an early glimpse at what could be coming to eligible Google Pixel smartphones. Based on the teaser videos, Google could bring several AI-powered capa...
- Google rolls out Android 17 with Gemini Intelligence, foldable gaming mode, and tighter privacy controls
Google is rolling out Android 17 to Pixel devices starting today, delivering multitasking tools, a dedicated foldable gaming mode, and a set of privacy changes that limit how much data apps can collect by default. The update reaches Pixel phones first and will expand to devices from Samsung, OnePlus, and other manufacturers throughout 2026. A […] This story continues at The Next Web
- Google rolls out Android 17, major AI features to follow later this year
The update brings a strong focus on multitasking improvements, featuring floating “Bubbles,” enhanced split-screen tools and “Screen Reactions” for recording overlays.
- Android 17 launches with new multitasking tools as Google expands Gemini features
Google has released Android 17 and Wear OS 7, introducing new multitasking features, parental controls, security tools, and smartwatch upgrades. The launch is also accompanied by a Pixel Drop that brings Google’s latest AI models to its devices.
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