SpaceX has agreed to buy Anysphere, the maker of AI coding assistant Cursor, for $60 billion in stock after its major Nasdaq debut. The deal expands Elon Musk’s company further into AI as it seeks to strengthen xAI and Grok against rivals including OpenAI and Anthropic.
Posts tagged as “Artificial Intelligence”
Trump arrived at the G7 summit in France touting a signed Iran memorandum and saying the Strait of Hormuz is partially reopening. The summit is also expected to focus on Ukraine, AI, economic issues, immigration and supply chains.
Anthropic disabled access to Fable 5 and Mythos 5 after the U.S. government ordered it to block foreign nationals from using the models over security concerns. The company said the directive was based on a narrow alleged jailbreak and stemmed from “a misunderstanding.”
Section 702, a major U.S. surveillance authority used to collect foreign intelligence, is set to lapse after Congress failed to pass an extension. Lawmakers disagree over whether existing court approvals will keep the program operating without interruption.
SpaceX shares rose sharply in their Nasdaq debut after the company raised $75 billion in the largest IPO on record. The listing values Elon Musk’s company at about $1.77 trillion while analysts question its profitability and AI-driven valuation.
The House is set to vote on a short-term extension of Section 702, but Democratic opposition over Bill Pulte’s appointment as acting intelligence chief could doom the measure. Lawmakers remain divided over civil liberties, national security and what happens if the authority expires Friday.
Trump said Bill Pulte will become acting director of national intelligence on June 19 while remaining head of the Federal Housing Finance Agency. The decision has sparked bipartisan concern and threatened renewal of Section 702, a surveillance authority set to expire Friday.
Anthropic has released Claude Fable 5, a publicly available version of its powerful Mythos-class AI systems, with safeguards on cybersecurity, biology and chemistry prompts. Trusted organizations will receive access to the less restricted Claude Mythos 5 for defensive and infrastructure uses.