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Latest news
ARTIFICIAL INTELLIGENCE
SpaceX makes its $60bn Cursor takeover official, days after its record IPO
Elon Musk's newly listed rocket company has signed a binding, all-stock deal to buy Anysphere, the startup behind the AI coding tool Cursor. It confirms an option SpaceX disclosed in April, and is meant to help xAI's Grok catch up on code.
INVESTORS AND FUNDING
DeepSeek closes $7bn-plus round with an unusual structure
The founder is putting in the controlling share himself, keeping outside money outside the wheel.
CORPORATES AND INNOVATION
Three Xbox studios are trying to buy their way out of Microsoft’s gaming restructuring
The three studios are in active talks to buy themselves back under CEO Asha Sharma's restructuring, but even successful spinoffs would mean significant job losses as Xbox tries to reverse margins that have collapsed to 3 per cent
EUROPE
France’s intelligence service is dropping Palantir for a homegrown rival
The DGSI will swap the American firm’s data tools for ChapsVision’s ArgonOS, six months after it renewed Palantir’s contract for another three years.
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