acquisitions2 articles
SpaceX Drops $60 Billion on Cursor to Close the Coding AI Gap
SpaceX has acquired Anysphere, the company behind AI coding assistant Cursor, for $60 billion in a stock deal, just days after SpaceX's Nasdaq IPO. The acquisition is driven by xAI's need to close the gap with OpenAI and Anthropic in AI-assisted coding, while also addressing a significant talent shortage within the division. Cursor gains access to SpaceX's large chip stockpile, and the two companies are already jointly developing a new AI model.
Anthropic Buys Stainless: SDK Infrastructure as the New AI Moat
Anthropic is acquiring Stainless, an SDK and developer tooling company, for reportedly over $300 million, as part of its broader strategy to control more of the AI technical stack. The deal is notable because Stainless currently generates SDKs used by Anthropic's rivals, including OpenAI and Google, and the platform is set to shut down on September 1, 2026, forcing those competitors to find alternatives. Analysts view the move as both offensive — giving Anthropic insight into competitor API development and dominance over integration tooling — and defensive, preventing rivals from gaining the same advantage.