newsJune 16, 2026·TechCrunch AI

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.

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•The deal is supposed to help SpaceX's struggling AI division
•This story was reported by TechCrunch AI, covering developments in the news space.
•AI advancements continue to reshape industries — read the full article on TechCrunch AI for complete coverage.

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Microsoft’s Clippy-like Mico character is no longer the face of Copilot

Mico is headed to Learn Live. | Image: Microsoft Microsoft Copilot will no longer show its emotive yellow blob, Mico, when you use the chatbot's voice mode. In a support page, Microsoft says it's going to move Mico to its Learn Live platform, where the avatar will have "more to react to," as repor

TechCrunch AI

Writer introduces new AI model and upgraded harness to contain token costs

Built as a post-training variation on Z.ai's open source model GLM-5.2, Writer says the new system should provide deployment-ready capabilities at a much lower price.

TechCrunch AI

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

The Verge AI

OpenAI is losing its second executive this week

Another OpenAI executive is departing. Denise Dresser, who joined OpenAI as its chief revenue officer in December after serving as CEO of Slack, will be leaving in the "coming weeks" to "pursue other opportunities," she said in a team note posted to LinkedIn. Dali Rajic, president and COO of Wiz, wi

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SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

Key Takeaways

Related Articles

Microsoft’s Clippy-like Mico character is no longer the face of Copilot

Writer introduces new AI model and upgraded harness to contain token costs

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

OpenAI is losing its second executive this week

Discussion

SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO

Key Takeaways

Related Articles

Microsoft’s Clippy-like Mico character is no longer the face of Copilot

Writer introduces new AI model and upgraded harness to contain token costs

Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.

OpenAI is losing its second executive this week

Discussion

Related Articles

The Verge AI
Microsoft’s Clippy-like Mico character is no longer the face of Copilot
Mico is headed to Learn Live. | Image: Microsoft Microsoft Copilot will no longer show its emotive yellow blob, Mico, when you use the chatbot's voice mode. In a support page, Microsoft says it's going to move Mico to its Learn Live platform, where the avatar will have "more to react to," as repor

TechCrunch AI
Writer introduces new AI model and upgraded harness to contain token costs
Built as a post-training variation on Z.ai's open source model GLM-5.2, Writer says the new system should provide deployment-ready capabilities at a much lower price.

TechCrunch AI
Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
AI is expensive, Ali Ghodsi tells TechCrunch. With so many investors wanting into his latest round, he said yes to more than planned.

The Verge AI
OpenAI is losing its second executive this week
Another OpenAI executive is departing. Denise Dresser, who joined OpenAI as its chief revenue officer in December after serving as CEO of Slack, will be leaving in the "coming weeks" to "pursue other opportunities," she said in a team note posted to LinkedIn. Dali Rajic, president and COO of Wiz, wi