SpaceX (NASDAQ:SPCX) has reached an agreement to acquire Anysphere, the developer of the artificial intelligence coding assistant Cursor, in a stock-for-stock deal that values the company at $60 billion.

Coding tools are becoming an increasingly big target for Google and Microsoft as they try to catch up to Anthropic and OpenAI.

Build event was packed, and while it didn’t do many favors for the share price, which has continued to fall under a considerable amount of pressure, I do think there were a ton of intriguing innovations that could help improve the enterprise giant’s footing in the AI race

SpaceX Expands AI Ambitions with Major Software AcquisitionSpaceX (NASDAQ:SPCX) announced on Tuesday that it has reached an agreement to acquire Anysphere, the developer behind the artificial intelligence coding platform Cursor,

Ona's technology will allow OpenAI's coding assistant, Codex, to take on longer-running tasks, OpenAI said. It will also help more organizations deploy agents, which independently complete tasks on behalf of a user, into production, the company said.

AI coding agent startup Niteshift has raised a $7 million seed round from a who's who of angels. It's betting companies will want power over, not lock-in, with model makers.