Cursor

OpenAI has announced the termination of its contract with the code-writing tool Cursor following its acquisition by SpaceX. The company cites concerns over potential violations of terms of use.

OpenAI announced it will stop providing Cursor with access to its models on November 12, citing past contract violations by Elon Musk's companies. Cursor co-founder Michael Truell stated that negotiations are ongoing and emphasized that OpenAI models account for only about 5% of the platform's usage.

David Tisch, heir to a New York wealth dynasty and a sports card collector at heart, refused to follow the rules of the big funds. Now, as the company he invested in was acquired for $60 billion in the largest venture deal in history, his low-profile approach is beating the Silicon Valley giants.

Investment bank Morgan Stanley has reiterated an "overweight" rating and a $300 price target for SpaceX stock, more than double its current price. The bold forecast relies not on rocket launches, but on a $60 billion acquisition deal for an AI startup.

Elon Musk and SpaceX are nearing a $60 billion acquisition of Anysphere, the developer of the Cursor coding tool. Reports indicate that the Cursor brand will be fully absorbed and eventually phased out as Musk integrates the technology into his AI division.