Tag: company
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SpaceX locks in $60 billion Cursor deal to close gap with rivals in AI coding race
June 16 : Elon Musk’s SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market.Tuesday’s deal follows a blockbuster Nasdaq debut for the rockets-to-AI company last week, in which it
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Anthropic to meet with US officials over export curbs
WASHINGTON, June 15 : Senior Anthropic technical staff are scheduled to meet with officials at the Department of Commerce in Washington on Monday, a Trump administration official said, after the U.S. government ordered the AI firm late last week to suspend access to its top-tier models for foreign nationals, citing
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What’s next for SpaceX stock after IPO blastoff
NEW YORK, June 15 : The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk’s rocket, internet and AI firm that may bring volatility.Just in the next two months, the sixth-largest U.S. listed company by market value will have a handful of events –
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Musk says SpaceX could bring $1 trillion in revenue by 2030
June 15 : Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. “And I would be surprised if revenue is not greater than $1T in 2031,” he wrote on…
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9 pop culture icons that are as old as Donald Trump
US President Donald Trump was born in 1946. He shares his birth year with stars such as Cher, Dolly Parton and Steven Spielberg. It’s also a year of many inventions, including a famous festival.
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Anthropic cuts top-tier AI access after US foreigner ban
The firm said it was ordered to block foreign nationals from accessing its state of the art Fable 5 and Mythos 5 AI models on national security grounds.
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Anthropic’s Claude Fable 5 and Mythos 5 AI suspended over security fears
Anthropic’s Claude Fable 5, released publicly this week, sparked concerns about cybersecurity and hacking.
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Roku is exploring strategic options, including a sale of the company, sources say
June 12 : Roku Inc is exploring its strategic options, including a full sale of the company, according to six people familiar with the matter, amid interest from companies seeking access to its vast streaming audience and advertising platform.The company, whose shares jumped 22 per cent, has held discussio
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Elon Musk becomes world’s first trillionaire as SpaceX soars in stock market debut
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
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SpaceX trading to kick off after record IPO, with hopes for first-day surge
June 12 : The frenzy for SpaceX shares will kick off on Friday when the Elon Musk-led company makes its long-awaited Nasdaq debut, testing whether unprecedented investor demand can translate into a blockbuster opening for the world’s biggest IPO.Days of hoopla around the debut now turn to what will be one of
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