Breaking news and updates from the world of technology.
SpaceX filed regulatory documents confirming it will acquire Cursor, the popular AI coding assistant made by Anysphere, for $60 billion in stock. The deal is expected to close in Q3 2026.
Prometheus, the physical AI startup Jeff Bezos co-founded in November 2025, closed a $12B Series B today led by JPMorgan Chase, Goldman Sachs, and BlackRock — the largest private AI funding round of 2026. The company targets industrial engineering, promising to compress design-to-manufacturing cycles by a factor of ten.
Helix Digital Infrastructure launches today with $10B+ committed capital, backed by KKR, Nvidia (as DSX infrastructure partner), Vistra (preferred power provider), and Kuwait's sovereign wealth fund. Adam Selipsky, who ran AWS from 2021–2024, will serve as co-founder and CEO.
The German humanoid startup secured backing from Amazon, NVIDIA, Tether, and Bosch at a $7 billion valuation. The capital goes toward scaling its Physical AI platform and beginning mass shipments of its 4NE-1 humanoid robot in late 2026.
SpaceX will begin trading on NASDAQ under the ticker SPCX on June 12, selling 555.6 million Class A shares at $135 each to raise $75 billion — surpassing Saudi Aramco's 2019 record. The listing values Elon Musk's rocket and satellite company at $1.75 trillion, and comes three months after SpaceX merged with xAI.
Nvidia has acquired Kumo AI, a four-year-old Mountain View company that applies graph neural networks to enterprise relational data, for at least $400 million. The deal brings co-founder Jure Leskovec — Stanford professor and co-creator of PyTorch Geometric — into Nvidia's AI platform organization.
The AI safety company closed a $65 billion Series H round last week and is now targeting a public listing in fall 2026, at a valuation that would rank it among the most valuable companies ever to go public.
Anthropic has closed a $65 billion Series H round led by Altimeter Capital and Sequoia, pushing its post-money valuation to $965 billion — surpassing OpenAI's $852 billion mark as Claude's annualized revenue hits $47 billion.
Anthropic has closed a $65 billion Series H round led by Altimeter Capital and Sequoia, pushing its post-money valuation to $965 billion — surpassing OpenAI's $852 billion mark as Claude's annualized revenue hits $47 billion.
Anthropic has closed a $65 billion Series H funding round at a $965 billion post-money valuation — overtaking OpenAI's $730 billion mark. The company's run-rate revenue crossed $47 billion earlier this month. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
SpaceX has made its long-awaited S-1 public, revealing a business now dominated by Starlink revenue, heavy AI spending, and losses that underline how much the company is still betting on Starship and scale.
The potential multi-billion dollar acquisition would instantly accelerate Amazon's Project Kuiper, granting it an existing satellite constellation and a direct competitive edge against Elon Musk's dominant Starlink service.