AI & RoboticsNews

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

SpaceX has agreed to acquire AI coding startup Cursor in a $60 billion stock deal, just a few days after the space company’s historic IPO and less than two months after announcing a tie-up between the two. The deal is meant to help SpaceX’s AI division – built around Elon Musk’s AI company xAI, which SpaceX merged with earlier this year – catch up to the major AI labs. Despite being a…
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AI & RoboticsNews

ChatGPT’s market share slips below 50% for first time

More than three and a half years after ChatGPT’s initial release, AI assistants are now used by millions of people worldwide, and the competitive landscape is changing fast. While OpenAI’s chatbot is still the most popular assistant globally, its market share has dipped…
AI & RoboticsNews

As AI agents become employees, NewCore emerges with $66M to give them identities

Cybersecurity startup NewCore emerged from stealth with $66 million in funding on Monday, aiming to solve a challenge it believes many companies will soon face as they deploy AI agents: how to authenticate, govern, and control them at scale. The seed round was led by cybersecurity-focused venture firm Cyberstarts, with participation from Index Ventures and Evolution Equity Partners, valuing…
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AI & RoboticsNews

The AI layoff wave is becoming a powder keg

The trend appears to be accelerating. Tech layoffs hit their highest single month in two years last month, with nearly 40,000 cuts, and AI was the most-cited reason for layoffs across every industry for the third month running, according to outplacement firm Challenger, Gray…
AI & RoboticsNews

SpaceX IPO: Live updates on everything you need to know

SpaceX has captured the attention of media, investors, and the public for years now – interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compares to this initial public offering. Everyone seems to be interested, and perhaps it’s because of the…
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AI & RoboticsNews

Pool’s new app turns your screenshots into something useful

For years, your phone’s Camera Roll has served dual purposes. In addition to helping you revisit special moments, it has also served as an archive for all sorts of things you find online, like recipes, fashion inspiration, travel ideas, interesting quotes, funny tweets, product recommendations, and more. Today, a new app called Pool is arriving to help you finally make sense of this digital…
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