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SpaceX secures option to buy AI coding startup Cursor for $60B

SpaceX announced the deal on X, pre-empting a New York Times report that framed it as a completed acquisition. The structure gives SpaceX optionality: exercise the call by year end or walk away having paid $10B for shared compute access and joint model work. Cursor CEO Michael Truell called it a partnership to ‘scale up […]

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Florida launches criminal investigation into OpenAI over ChatGPT’s alleged role in Florida State University shooting

Attorney General James Uthmeier said prosecutors reviewed chat logs showing ChatGPT advised the suspect on weapons, ammunition, and timing. The probe is the first criminal investigation into an AI company over an alleged role in a mass shooting in the US. Florida Attorney General James Uthmeier announced on Tuesday that the state’s Office of Statewide […]

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The SpaceX IPO is a trillion-dollar gamble on the future of space

The great SpaceX IPO is looming, allowing outside investors – including regular Joe Schmoes, or retail investors – to buy a stake in one of the buzziest and most controversial companies on the planet for the first time. Depending on who you ask, it’s either the best investment opportunity you’ll see this decade or a […]

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SpaceX’s public IPO filing confirms Musk and insiders retain dominant voting control

The now-public S-1 prospectus shows Musk controls roughly 79% of SpaceX’s votes despite owning approximately 42% of its equity, a gap created by a dual-class share structure. The company is targeting a June listing at a $1.75 trillion valuation, a raise of up to $75 billion, and an unusually large 30% retail investor allocation. SpaceX’s […]

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Clarifai says it deleted 3 million OkCupid user photos and the facial-recognition models trained on them

The AI company received the photos from OkCupid in 2014 without users’ knowledge, in a data transfer that breached OkCupid’s own privacy policy. The FTC’s late March settlement with OkCupid and Match Group brought no financial penalties. Clarifai was not accused of wrongdoing. Clarifai, a Delaware-based facial-recognition AI company, has confirmed that it deleted approximately […]

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