Having fallen behind AI coding rivals OpenAI and Anthropic, Elon Musk's SpaceX now plans to acquire the talent it needs with a deal to purchase Cursor.

Artificial intelligence startup Cursor in talks to raise a $2 billion fundraising round at an over $50 billion valuation, which does not include the investment.

Elon Musk’s rocket and AI conglomerate is seeking to catch up to rivals OpenAI and Anthropic