Oracle Corporation remains a Buy as surging cloud AI infrastructure demand drives a record $553B backlog and robust revenue growth. ORCL's cloud revenue now exceeds 52% of total revenue, with cloud ...

Katelyn is a reporter with CNET covering artificial intelligence, including chatbots, image and video generators. Her work explores how new AI technology is infiltrating our lives, shaping the content ...

Microsoft looked at buying artificial intelligence coding startup Cursor in recent weeks but didn't make an offer, CNBC has learned. On Tuesday, SpaceX said it's obtained the right to acquire Cursor ...

Elon Musk is ramping up efforts to compete with AI giants Anthropic and OpenAI. Musk's AI startup, xAI, has held discussions in recent weeks with Mistral and AI coding startup Cursor about a potential ...

SAN FRANCISCO — SpaceX says it has the rights to buy artificial intelligence coding tool Cursor for $60 billion later this year as Elon Musk’s space exploration and AI company looks for ways to ...

The Cursor deal is just the latest step in boosting SpaceX's value ahead of its IPO, but it also solves a number of problems facing SpaceX, xAI, and Cursor. It means Cursor can train its own AI model ...

SpaceX said it has struck a deal with Cursor to develop a next-generation “coding and knowledge work AI,” which includes a surprising provision — an option to buy the popular software development ...

April 21 (Reuters) - SpaceX said it has secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes ...

The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public. By Erin Griffith Mike Isaac and Ryan Mac Erin ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.