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Musk’s $60 billion Cursor bet has an Indian link: Meet 26-year-old Aman Sanger caught in Sam Altman feudAman Sanger, the 26-year-old co-founder of AI coding startup Cursor, is at the centre of Elon Musk’s $60 billion SpaceX acquisition. Born t...- Who is Aman Sanger? How the 25-year-old Indian-origin entrepreneur became one of the youngest billionaires after Elon Musk’s SpaceX acquired his AI startup Cursor for $60 billionAman Sanger, an entrepreneur is pivotal in SpaceX's transformative $60 billion deal to acquire Anysphere, the innovator of the AI coding pl...
- Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetiteChina’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong a...
- Claude Code users to get 17% less weekly usage from September 14 as Anthropic ends 50% boostAnthropic will permanently increase standard weekly limits for Claude Code by 25%. This change follows a temporary 50% usage boost which en...
- AI and robotics drive an IPO boom in China as Shein lists in Hong KongIn the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a...
- OpenAI and Cursor: An old partnership falling apart because of Musk-Altman tiffCursor, the AI-powered coding tool built by startup Anysphere, was one of OpenAI's earliest and most prominent customers. It integrated Ope...
- Andreessen Horowitz raises $1.1 billion for AI infrastructure fundThe “Machine Age Fund” will invest in AI computer infrastructure such as chips, memory, networking and storage, the firm said in a blog pos...
- OpenAI to end agreement with SpaceX's AI coding tool Cursor, deepening Musk-Altman clashOpenAI said it was not confident that SpaceX would use its technology "within our terms of service."
- Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
- Russian-speaking cybercriminals used SpaceX's Cursor AI tool to hack seven companiesRussian-speaking hackers exploited SpaceX's AI coding assistant, Cursor, for company intrusions. This AI-boosted hacking spree targeted at ...
- Nvidia earnings: Chipmaker forecasts Q3 revenue at $108 billion, above analysts' estimates as Q2 profit, revenue double YoYNvidia earnings: Nvidia forecasts strong third quarter revenue, exceeding analyst expectations significantly. The company sees a trillion-d...
- Anthropic to rent AI computing power from Nscale for $45 billionAnthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Co...
- Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...
- Cognition CEO denies SpaceX acquisitionBloomberg, citing people familiar with the matter, reported on Thursday that SpaceX had explored a deal to acquire Cognition as it looks to...
- AI researcher buys Rs 670 crore California mansion with nine-hole golf course after just 6 years of serviceAI researcher Tony Yuhuai Wu has reportedly bought a Rs 670 crore mansion in California after six years in the AI industry. The 12-acre Vil...
- Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
- Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
- AI startup Cognition in new funding talks at $40 billion valueCognition would be expected to raise over $1 billion in the round, Bloomberg reported. The company may still decide not to raise capital, o...
- SpaceX namesake creates confusion on Dalal Street! Indian IT stock skyrockets 23% in 2 daysBlue Cloud Softech Solutions shares surged 23% in two days after its US subsidiary announced a $150 million deal with Malaysia-based SpaceX...
- US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink businessSpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI in...
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