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OpenAI is preparing to confidentially file for an IPO that could become one of the largest public offerings in history.
A U.S. jury ruled in favor of OpenAI in Elon Musk’s lawsuit accusing the company of abandoning its nonprofit mission. The verdict removes a major obstacle to OpenAI’s potential IPO plans while intensifying the rivalry between Musk and Sam Altman.
Cursor has released Composer 2.5, an upgraded AI coding model built on Moonshot’s Kimi K2.5 checkpoint. The company says the model improves long-running coding workflows, instruction following, and reinforcement learning techniques for software engineering tasks.
xAI has launched Grok Build, a coding agent and command-line tool aimed at professional software development workflows. The early beta release targets competitors such as Anthropic’s Claude Code as xAI pushes deeper into the AI coding market.
More than 50 researchers and engineers have reportedly left Elon Musk’s SpaceXAI since February following the merger of SpaceX and xAI.
Google is reportedly in talks with SpaceX and other launch providers as it explores deploying orbital data centers under its Project Suncatcher initiative. The discussions reflect growing interest in space-based AI infrastructure and computing capacity.
Elon Musk said xAI will cease operating as an independent company and become fully integrated into SpaceX under a new SpaceXAI structure. The move combines Musk’s AI models, compute infrastructure, and aerospace operations into a single organization.
Anthropic has signed a compute agreement with SpaceX that adds access to more than 220,000 NVIDIA GPUs at the Colossus 1 data center. The added capacity is already being used to raise Claude usage limits and API availability.
Anthropic has signed a deal to access SpaceXAI’s Colossus 1 supercomputer, adding more than 220,000 NVIDIA GPUs to support Claude training and inference workloads.
OpenAI released its version of events detailing its split with Elon Musk and the origins of their ongoing legal conflict. The company argues Musk sought control and later turned to lawsuits after leaving.
SpaceX has secured rights to acquire AI coding startup Cursor for up to $60 billion, deepening its push into AI alongside xAI ahead of a potential IPO.
OpenAI to include retail investors in IPO as demand surges, highlighting shift toward broader ownership and funding for massive AI infrastructure plans.
Alphabet is ramping up large-scale AI investments as its early bet on SpaceX approaches a potential $100 billion return. CEO Sundar Pichai says the AI boom is creating new opportunities.
Intel has joined Elon Musk’s Terafab project aimed at scaling AI chip production, though its exact role remains unclear. The effort targets massive compute output for AI and robotics.
SpaceX’s planned $75 billion IPO is expected to dominate investor attention, potentially sidelining other companies aiming to go public in 2026. Analysts warn the deal could tighten already fragile IPO market conditions.