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SpaceX fortifies AI foothold with $60B Cursor deal

Article

SpaceX fortifies AI foothold with $60B Cursor deal

SpaceX officially owns Cursor after Elon Musk's juggernaut on Friday completed a $60 billion acquisition of the San Francisco-based coding startup. The deal, which was first announced in April, gives SpaceX a boost in its bid to compete with rivals Anthropic and OpenAI. Last month, SpaceX and Cursor debuted Grok 4.5, a joint model that specializes in coding, finance and legal tasks. Musk told SpaceX staff at a recent meeting that "AI will be 99% of the value of SpaceX" within about five years.

3 min read A Admin

SpaceX has officially completed its $60 billion acquisition of Cursor, the artificial intelligence coding startup behind one of the fastest-growing developer tools in the industry. The transaction became effective on August 14, marking a major expansion of...

Lovable hits $13B valuation with $400M haul

Article

Lovable hits $13B valuation with $400M haul

Lovable has more than doubled its valuation this year. The Swedish startup said Wednesday it raised $400 million in a Series C funding round that values it at $13.3 billion. After a Series B round in December, the company was worth an estimated $6.6 billion. The recent round was led by Menlo Ventures and co-led by the newly launched Scaleup Europe Fund, managed by private equity firm EQT. The fund is part of Horizon Europe and supports companies developing critical technologies.

3 min read A Adam Hanafi

Lovable has more than doubled its valuation in less than a year, becoming one of Europe's most closely watched artificial intelligence startups. The Swedish company announced Wednesday that it raised $400 million in a Series C funding round, giving the AI...

Claude's new watermark has some users up in arms

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Claude's new watermark has some users up in arms

Not everyone's on board with Anthropic's plan to embed invisible watermarks into Claude-generated text and images, a move that brings it into compliance with new EU transparency rules. Some point out that the policy conflates AI-assisted work with AI-authored work, raising the question of who owns the finished product when the human provides the ideas and judgment. Others highlight enterprise use, where AI is merely one input in a deeply collaborative process, not the sole author.

3 min read A Adam Hanafi

Anthropic is introducing invisible watermarks for content generated by its Claude AI models, a move designed to comply with new European Union transparency requirements for artificial intelligence. The technology is intended to make AI-generated material...

Meta hit with $567M penalty in New Mexico youth safety case

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Meta hit with $567M penalty in New Mexico youth safety case

A New Mexico judge has expanded penalties against Meta after a jury found the company failed to safeguard young users on Facebook and Instagram. The Thursday ruling adds a $567 million abatement fund to earlier civil penalties of $375 million and mandates new safety features and public risk disclosures. In a statement, Meta said it disagrees with the ruling and plans to appeal. The lawsuit, led by New Mexico Attorney General Raúl Torrez, is among thousands of child-safety complaints that have been filed against Meta by states, school districts and individuals.

3 min read A Adam Hanafi

A New Mexico judge has increased the financial penalties facing Meta after a jury determined that the company failed to adequately protect young users on its Facebook and Instagram platforms. The ruling adds new requirements for the technology giant as...

Scientists use AI to design never-before-seen viruses

Article

Scientists use AI to design never-before-seen viruses

Scientists at Stanford University and the Arc Institute have used an artificial intelligence model to design new viruses that are not present in nature, according to a study published Thursday in the journal Science. The research brings the promise of medical breakthroughs but also "the disturbing possibility that the technology could someday be used to invent dangerous pathogens," WebNovare reports. The team intentionally avoided training the model, called Evo, with viruses that infect humans, instead using genetic sequences that infect only bacteria.

3 min read A Adam Hanafi

Researchers from Stanford University and the Arc Institute have developed an artificial intelligence system capable of designing entirely new viruses that do not exist in nature. The breakthrough, detailed in a study published in the journal Science, marks a...

SpaceX, Tesla to splash out $16.8B on AI-chip facility in Texas

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SpaceX, Tesla to splash out $16.8B on AI-chip facility in Texas

"Everything's bigger in Texas": Seems like Elon Musk is taking that old saying to heart. The billionaire entrepreneur on Thursday announced that SpaceX and Tesla will spend nearly $17 billion to build a massive AI chip complex in Grimes County, Texas. The planned 100-million-square-foot Terafab plant will employ at least 3,000 people, Musk said, to produce the cutting-edge chips needed to support SpaceX's orbital data centers and Tesla's Optimus robots. That $16.8 billion is just the start, though — Terafab's total cost could ultimately reach as much as $119 billion.

3 min read A Adam Hanafi

Elon Musk is making one of his biggest manufacturing bets yet with plans to build a massive artificial intelligence chip complex in Texas. Announced on Thursday, the project will be a joint effort between SpaceX and Tesla and is expected to transform Grimes...

OpenAI's 'hockey puck-sized' gadget to cost over $300

Article

OpenAI's 'hockey puck-sized' gadget to cost over $300

OpenAI’s eagerly awaited consumer hardware device is expected to feature a doughnut-like design roughly the size of a hockey puck and carry a price tag of more than $300, WebNovare reports, citing anonymous sources. The AI-powered gadget, slated for release in 2027, will function like a smart speaker without a screen, serving as an interactive companion. Designed in collaboration with former Apple design chief Jony Ive, it is expected to be the first of a forthcoming lineup of hardware devices infused with ChatGPT.

1 min read A Adam Hanafi

OpenAI’s highly anticipated consumer hardware device is expected to feature a doughnut-like design approximately the size of a hockey puck. According to Bloomberg, citing anonymous sources, the gadget will carry a price tag of more than $300. The AI-powered...

Meta has released Muse Spark 1.2

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Meta has released Muse Spark 1.2

Muse Spark 1.2 gets closer to the frontier on agentic knowledge work. At Muse Spark 1.1's launch, we noted agentic knowledge work as its clearest gap; Muse Spark 1.2's gains help to close this. Its GDPval-AA v2 Elo rose 260 points to 1631, #5 among all models we have benchmarked and ahead of Claude Opus 4.8 (max, 1588). Terminal-Bench 2.1 gained 2 points (78% to 80%), and Tau3-Bench Banking rose 2 points (25% to 27%)

2 min read A Admin

Meta’s recent progress with its AI models appears significant. Muse Spark 1.2 has reportedly surpassed Google’s offerings in quality for many use cases, a development that is particularly notable given the relatively short timeframe involved. The current...