Cursor capitalizes on GitHub frustration, launches rival hosting platform
Cursor, known for its AI Code Editor, is launching a new code-hosting platform to rival developers’ long preferred favorite, GitHub.
Cursor, known for its AI Code Editor, is launching a new code-hosting platform to rival developers’ long preferred favorite, GitHub.
Building on top of a Chinese model feels particularly fraught right now.
AI coding startup Cursor is now officially a part of SpaceX.
Returning backers a16z and Thrive are expected to lead the round.
The move could shore up weaknesses at each company, but it also reveals them. Neither Cursor nor xAI has proprietary models that can match the leading offerings from Anthropic and OpenAI — the same companies now competing directly with Cursor for the developer market.
Cursor was on track to close a $2 billion funding round this week but chose to halt discussions after SpaceX offered a $10 billion “collaboration fee” and a path to a $60 billion acquisition.
At TechCrunch’s sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: In a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also bound to sell?
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.
Cursor has launched a new mobile app for remote oversight over coding agents.
Cursor says India is now its third-largest market globally and plans to expand local hiring and enterprise sales.