SpaceX announced its plan to acquire the AI coding startup Cursor for $60 billion, with the merger expected to close in the third quarter. The move strengthens its AI efforts following the xAI combination and comes days after the company's record Nasdaq debut.
The acquisition will bolster the company's efforts to compete with rivals like Anthropic and OpenAI, which also offer popular coding tools.
Cursor built a popular AI coding tool that helps software developers generate, edit and review code.
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Google says it is launching a Knowledge Work layout in Antigravity for research, documents, and other non-code work, on the same agent as the coding interface.
Adobe and Disney announced a multi-year alliance on November 9, including custom generative models in Adobe Firefly Foundry trained on Disney properties.
Nvidia's board says it is opening an independent investigation after reports that CEO Jensen Huang was the target of a foreign intelligence effort. It says it has no reason to believe secrets were compromised, and Huang has said he will cooperate.
Meta has released Muse Ember, which it calls its smallest and most efficient AI model for agent subtasks such as tool calls and coding. It is available as muse-ember-1.0 at $0.10 per million input tokens.
Three investors told The Wall Street Journal Anthropic's IPO valuation will likely need to come down, with one saying closer to $1 trillion, the Journal reported, per AFP. The company had been aiming for about $1.5 trillion and a week-of-Nov. 16 debut, and has not confirmed a date.
