Amazon deepens Anthropic ties as Google Cloud launches AI fund

Key Takeaways

SpaceX Plans $60 Billion AI Acquisition of Cursor

SpaceX is preparing for a massive initial public offering expected in June with a valuation between $1.75 trillion and $2 trillion. The company has signed an agreement to potentially acquire the AI coding startup Cursor for $60 billion. Alternatively, SpaceX could pay $10 billion to work together with the company. This deal represents a significant move into the artificial intelligence coding market. SpaceX CEO Elon Musk stated the partnership aims to create the world's best coding and knowledge work AI. The collaboration will combine Cursor's coding tools with SpaceX's Colossus supercomputer in Memphis, Tennessee. This partnership could help SpaceX compete with rivals like OpenAI and Anthropic in the AI race.

SpaceX Offers $60 Billion Deal for AI Coding Tool Cursor

SpaceX announced it has the option to buy the AI coding assistant Cursor for $60 billion later this year. The company could also choose to pay $10 billion to partner with the startup instead. Cursor is a popular tool made by San Francisco startup Anysphere that helps developers write code. The partnership will allow Cursor to use xAI's massive Colossus data center complex in Memphis, Tennessee for training. Cursor stated it has been bottlenecked by computing power but will now leverage xAI's infrastructure to scale up its models. This move strengthens SpaceX's position in the AI coding field where it currently lags behind competitors. The announcement comes ahead of SpaceX's highly anticipated public debut in the coming months.

SpaceX Secures $60 Billion Option to Buy AI Startup Cursor

SpaceX secured the right to purchase the artificial intelligence startup Cursor for $60 billion as it prepares for its IPO. The aerospace giant is expanding its focus into the artificial intelligence coding race against major players like OpenAI and Anthropic. SpaceX also offered an alternative deal where it would pay $10 billion for a partnership with the company. This agreement gives xAI, the AI unit merged with SpaceX, a stronger foothold in the lucrative AI developer tools market. The deal provides Cursor with access to SpaceX's million H100 equivalent Colossus training supercomputer. This combination aims to build the world's most useful AI models for coding tasks. The potential acquisition highlights SpaceX's aggressive strategy to dominate the AI landscape.

SpaceX Buys AI Startup Cursor for $60 Billion or Partners

SpaceX has secured an option to acquire the code-generation startup Cursor for $60 billion later this year. The company can also pay $10 billion to establish a new partnership with the startup. This deal pushes SpaceX deeper into the market for AI developer tools where companies like OpenAI and Anthropic are leading. The agreement gives xAI a stronger position in the AI coding market where it has so far lagged behind rivals. The partnership will allow Cursor to use SpaceX's massive computing capacity to develop advanced AI models. Two product engineering heads from Cursor joined SpaceX to contribute to lunar projects and xAI. This move signals a major shift in SpaceX's growth strategy beyond just space exploration.

SpaceX Eyes $60 Billion Purchase of AI Coding Startup Cursor

SpaceX is looking to acquire Cursor, a rapidly growing artificial intelligence startup, for a potential price of $60 billion. The company is bulk up its efforts in the AI coding area to compete with Anthropic and OpenAI. Cursor CEO Michael Truell confirmed the collaboration is a meaningful step to build the best place to code with AI. The partnership combines Cursor's distribution among professional developers with SpaceX's powerful Colossus supercomputer. This collaboration aims to create the world's best coding and knowledge work AI. The potential acquisition could reshape the future of artificial intelligence development in the tech industry. SpaceX's vast resources and Elon Musk's leadership position it as a formidable player in the AI landscape.

SpaceX AI Moonshot Raises Questions About Future Strategy

SpaceX's potential acquisition of the coding startup Cursor is raising eyebrows among investors and analysts. Skeptics see the move as a way to shore up xAI, which SpaceX recently bought and needs to be rebuilt. Some investors grumbled about how the xAI deal diluted their stock holdings. However, most will likely stay quiet if the Cursor deal happens because SpaceX aims for a $2 trillion valuation at its IPO. Three months ago, the promise of a SpaceX IPO was buying a piece of the rocket and satellite internet business. That proposition changed when the company bought xAI, a money-losing artificial intelligence lab. The Cursor deal tests the original promise of the IPO for investors.

SpaceX Partners with Cursor for AI Training and Potential Buyout

SpaceX Corp. will help Cursor train artificial intelligence models optimized for programming tasks using its xAI unit's graphics processing units. Cursor, officially Anysphere Inc., develops one of the industry's most popular vibe coding platforms. SpaceX will give Cursor access to tens of thousands of GPUs to train a coding model called Composer 2.5. This algorithm is the planned successor to Composer 2, an internally developed AI that helps automate coding tasks. The partnership may affect xAI's development roadmap as it redirects resources from previous projects. SpaceX stated the collaboration is intended to create the world's best coding and knowledge work AI. The deal could drive up investor interest in SpaceX's upcoming public offering.

SpaceX Makes $60 Billion AI Bet on Cursor Acquisition

SpaceX is in discussions to acquire Cursor, an AI startup, in a deal valued at a staggering $60 billion. This potential acquisition underscores Musk's ambitious push into the artificial intelligence sector. The combination of Cursor's leading product and distribution network with SpaceX's computational power will accelerate the development of advanced AI models. According to reports, Cursor has granted SpaceX the right to acquire the company later this year for $60 billion or pay $10 billion for their collaborative work. This dual option suggests a flexible approach to the potential acquisition. The race for AI dominance is intensifying with major tech companies pouring billions into research and development.

SpaceX and Cursor Build World's Best Coding AI Model

SpaceX and Cursor have announced a partnership to build what they are calling the world's best coding and knowledge work AI. The two companies are working closely together to combine Cursor's distribution among professional developers with SpaceX's Colossus supercomputer. The announcement states the companies are working to create the world's best coding and knowledge work AI. SpaceX gets the right to acquire Cursor later this year for $60 billion. If the collaboration produces a competitive coding model, buying Cursor would give SpaceX the product, distribution, and talent in one move. If the model underperforms, the $10 billion payment functions as a put option. The result could be a model that competes on the benchmarks that matter.

SpaceX Secures Rights to Buy AI Coding Tool Cursor for $60B

SpaceX says it has the rights to buy artificial intelligence coding tool Cursor for $60 billion later this year. The company looks for ways to compete with rivals Anthropic and OpenAI ahead of a planned Wall Street debut. SpaceX announced the deal Tuesday on the social platform X. The company could also pay $10 billion to work together with Cursor. Cursor is a popular AI coding assistant made by San Francisco startup Anysphere. The partnership will enable Cursor to build future AI products using xAI's massive AI data center complex Colossus in Memphis, Tennessee. Cursor started in 2022 and helped spark a trend called vibe coding as AI coding assistants became increasingly capable.

MoneyFlare Launches Quantum AI Trading for 2026 Investors

MoneyFlare announced a new push around quantum AI trading, positioning it as a smarter, more adaptive form of automated investing. The company says its latest direction is built for 2026 investors who expect automation that feels practical and easy to use. Getting started involves creating an account, choosing a trading plan, and activating the system to track performance. The platform uses algorithm-based models and real-time data analysis to support ongoing execution. This launch arrives at a moment when both AI and quantum technologies are drawing serious strategic investment. Reports show IQM Quantum Computers secured 50 million euros from BlackRock-managed funds ahead of a planned U.S. listing. BlackRock said quantum computing represents the next era of computing.

MoneyFlare Introduces Quantum AI Trading for Modern Investors

MoneyFlare today announced a new push around quantum AI trading, positioning it as a smarter, more adaptive form of automated investing. The company says its latest direction is built for 2026 investors who are no longer impressed by AI branding alone. Getting started with MoneyFlare is designed to be straightforward with steps to create an account and choose a trading plan. The platform uses algorithm-based models and real-time data analysis to support ongoing execution while users monitor progress. The launch arrives at a moment when both AI and quantum technologies are drawing serious strategic investment. Reports show IQM Quantum Computers secured 50 million euros from BlackRock-managed funds ahead of a planned U.S. listing. BlackRock said quantum computing represents the next era of computing.

MoneyFlare Brings Quantum AI Trading to 2026 Investors

MoneyFlare today announced a new push around quantum AI trading, positioning it as a smarter, more adaptive form of automated investing for users who want speed and efficiency. The company says its latest direction is built for 2026 investors who expect automation that feels practical and easy to use. Getting started involves creating an account, choosing a trading plan, and activating the system to track performance. The platform uses algorithm-based models and real-time data analysis to support ongoing execution. The launch arrives at a moment when both AI and quantum technologies are drawing serious strategic investment. Reports show IQM Quantum Computers secured 50 million euros from BlackRock-managed funds ahead of a planned U.S. listing. BlackRock said quantum computing represents the next era of computing.

Amazon Invests $5 Billion in Anthropic AI Partnership

Amazon announced an expanded strategic collaboration with Anthropic, including a $5 billion investment and the potential to invest up to an additional $20 billion. As part of the agreement, Anthropic will commit to spending more than $100 billion over the next decade on Amazon Web Services technologies. The deal also secures up to 5 gigawatts of compute capacity to train and power Anthropic's advanced AI models. The collaboration builds on a relationship that began in 2023 and has since grown to support more than 100,000 customers running Anthropic's Claude models on AWS. Anthropic's Claude platform will now be fully integrated within AWS, allowing customers to access its native development environment directly. The expanded partnership includes global infrastructure growth with increased inference capabilities planned across Asia and Europe.

Amazon Deepens AI Partnership With Anthropic and Invests $25B

Amazon is committing up to $25 billion in new investment into Anthropic, on top of the $8 billion already deployed. The initial tranche is $5 billion, with up to $20 billion more tied to commercial milestones. In return, Anthropic committed to spending more than $100 billion on Amazon Web Services over the next decade. Anthropic will also bring nearly 1 gigawatt of Trainium 2 and Trainium 3 capacity online by year-end. This deal is significant for Amazon stock because it locks in Anthropic as a massive long-term AWS customer. Anthropic's annualized revenue has crossed $30 billion, and the company is pushing to scale faster to meet surging enterprise and consumer demand for Claude. The timing matters as Amazon stock is up roughly 10% year-to-date, making this concrete AI win especially well-received by investors.

IBM Stock Rises 6.4% After Quantum and AI Security Deals

Earlier in April 2026, IBM and partners announced a series of AI-, quantum-, and cybersecurity-focused collaborations and product launches. These moves highlight IBM's push to position its software, hybrid cloud, and quantum capabilities as shared infrastructure for enterprises. The expansion of the IBM Illinois Discovery Accelerator Institute ties IBM's quantum centric supercomputing vision directly into real world high performance computing workflows. IBM's narrative projects $74.4 billion revenue and $10.5 billion earnings by 2028. This implies 5.1% yearly revenue growth and about a $4.6 billion earnings increase from $5.9 billion today. Some optimistic analysts already expected IBM to reach about US$83.4 billion in revenue and US$14.3 billion in earnings by 2029. The latest quantum and AI security moves might look like further support for a faster software led growth path.

Bank of America Upgrades Twilio Stock on AI Growth

Bank of America double upgraded the messaging software company Twilio to buy from underperform. The bank raised its price target on shares to $190 from $110, implying 30.8% upside from Tuesday's close. Analyst Koji Ikeda said Twilio will prove to be one of the key infrastructure layers for AI-driven voice and messaging uses cases. Twilio has built several products that seem poised to form the backbone of many future AI digital experiences. Those include ConversationRelay, which aims to generate human-like speech that connects to large-language models like ChatGPT. The analyst added that Twilio can further bolster those capabilities through its partnerships with leading startups in AI, including Sierra and ElevenLabs. Bank of America expects gross profits to grow 10% year-over-year for fiscal 2028.

Joel Greenblatt Picks 4 Top AI Stocks for Portfolio

Joel Greenblatt built his reputation on the Magic Formula, a framework that focuses on buying companies with high earnings yield and strong returns on capital. Through Gotham Asset Management, he has applied that framework to today's most important technology trends. The fund's top individual stock positions include NVIDIA, Apple, Amazon, and Snowflake. NVIDIA is Greenblatt's most direct bet on the AI buildout with a position increase of about 90,000 shares last quarter. Apple generated $143.8 billion in quarterly revenue, supported by an installed base of over 2.5 billion devices. Amazon is a position that gives Gotham both growth and optionality with AWS reaccelerating at 24% growth in Q4 2025. Snowflake is the most volatile bet in the group but Greenblatt is still adding to the stake.

Google Cloud Invests $750 Million in Partner AI Development

Google Cloud announced a $750 million fund to deliver new resources and incentives to partners in its 120,000-member partner ecosystem. The fund will support AI value identification, agentic AI prototyping, agent building and deployment, upskilling, and teams of embedded Google forward-deployed engineers. Global consulting firms, systems integrators, software providers, and specialized services providers play a critical role enabling the agentic enterprise. Google Cloud's ecosystem of system integrator partners already offer more than 330,000 experts trained on implementing Google AI for customers. New partner resources include tools for AI value assessments, Gemini proofs-of-concept, and usage incentives to accelerate adoption. Google will embed FDEs alongside major consulting firms like Accenture, Capgemini, and Deloitte to support customer deployments.

Nebius Group Stock Surges 87% in 2026

Few investors know Nebius Group stock, but they should because it has been one of the top-performing stocks so far this year. It has been an incredible stock pick, rising around 87% as of the time of writing. Nebius is a neocloud company and a Meta Platforms subsidiary. The total agreement has a contract value of about $27 billion, and really doesn't start to kick in until 2027. Even without this new deal with Meta, Nebius is seeing tremendous growth. By the end of 2026, management believes its annual run rate will be between $7 billion and $9 billion. Wall Street is also on board with these monstrous growth projections, as the average analyst expects 523% revenue growth in 2026 and 106% in 2027. Few stocks in the market can match that growth rate.

American Express AI Tools and Dividend Rise Attract Investors

American Express is back in focus as investors weigh expectations for Thursday's earnings, a recent 16% dividend increase, and fresh AI-driven payment offerings. The recent 11.6% 1 month share price return, alongside new AI-driven products and dividend growth, comes after a softer 90-day share price return decline. The new AI-driven payment offerings are expected to enhance the company's competitive position in the payments industry. The ACE Developer Kit and Amex Agent Purchase Protection are designed to provide developers with the tools they need to build innovative payment solutions. The Amex Agent Purchase Protection is a new feature that provides additional protection for merchants against fraudulent transactions. Investors are optimistic about the company's long-term prospects and future growth.

BlackRock Sees AI Trade Returning After Nasdaq Highs

Many investors are shifting back to AI-related companies, BlackRock says. BlackRock's iShares in a new report offered the latest viewpoint supporting continued strength for the AI trade. The asset manager sees the so-called AI trade broadening into emerging markets like South Korea and Taiwan. Big U.S. tech companies like those in the Magnificent 7 are seen as the biggest powers behind the AI trade that is supporting stocks and earnings growth. Some advisers see it broadening to other markets, including those in Asia. The AI trade continues to pull in a greater range of companies from semiconductor suppliers to firms building datacenters. BlackRock believes the landscape has shifted back in AI firms' favor after a period where broad market valuations declined in March.

Sources

• Before the IPO: SpaceX Just Set Up a $60 Billion Deal to Buy This Artificial Intelligence (AI) Company
• SpaceX says it can buy AI coding tool Cursor for $60B later this year
• SpaceX Lines Up $60 Billion Deal for AI Start-Up Cursor as IPO Looms
• SpaceX secures option to buy AI startup Cursor for $60bn or partner for $10bn
• What is Cursor? SpaceX could buy the AI company for a whopping $60 billion.
• The Consequences of SpaceX’s Latest A.I. Moonshot
• SpaceX partners with Cursor on AI training, floats potential $60B acquisition
• Musk's $60B AI Bet: SpaceX Eyes Cursor Deal
• SpaceX & Cursor Collaborate To Build ‘World’s Best Coding Model’, SpaceX To Have Right To Buy Cursor For $60 Billion
• SpaceX says it can buy AI coding tool Cursor for $60B later this year
• MoneyFlare Redefines Quantum AI Trading With Smarter Automation for 2026 Investors
• MoneyFlare Redefines Quantum AI Trading With Smarter Automation for 2026 Investors
• MoneyFlare Redefines Quantum AI Trading With Smarter Automation for 2026 Investors
• Anthropic: $5 Billion Investment From Amazon Expands Strategic AI Infrastructure Partnership
• Amazon Deepens AI Infra Partnership With Anthropic and Commits $25 Billion New Investment
• International Business Machines (IBM) Is Up 6.4% After New Quantum And AI Security Partnerships – Has The Bull Case Changed?
• Bank of America double upgrades this software stock, sees big boost from AI
• Joel Greenblatt Made These 4 AI Stocks His Top Positions. Here's Why They're Worth a Closer Look
• Google Cloud Commits $750 Million to Accelerate Partners' Agentic AI Development
• This Under-the-Radar AI Stock Is Already Up 87% in 2026
• American Express (AXP) Valuation Check As Earnings, Dividend Rise And New AI Payment Tools Draw Attention
• The Nasdaq Just Touched New Highs, and BlackRock Says the AI Trade is Back. Here's Why.