SpaceX to acquire AI coding platform Cursor for $60 billion
Separately, neither could compete. Now they hope they can.

Separately, neither could compete. Now they hope they can.

Tired of vacuuming? Hand the reins to a robot vacuum.

Audited accounting shows growing revenues being dwarfed by R&D, other expenses.

AI investments by insurers are now expected to generate tangible business value beyond mere efficiency. According to findings in the 2026 Evident AI Index, insurers are now embedding AI technologies into workflows that directly influence underwriting discipline and capital allocation. Christian Preece, Insurance Director at Evident, says: “For years, insurers have competed on AI ambition, […] The post Insurers pivot AI strategy toward core risk underwriting appeared first on AI News .

Just two trading days after its IPO, Elon Musk's SpaceX is buying AI coding startup Anysphere. The deal is meant to help the struggling xAI division catch up with Anthropic and OpenAI. The article SpaceX bets $60 billion on Cursor to catch OpenAI and Anthropic appeared first on The Decoder .

<p>Elon Musk company’s becomes world’s fifth most-valuable firm just days after its IPO following purchase of AI coding startup Cursor</p><p>Elon Musk’s SpaceX has overtaken Amazon as the world’s fifth-most valuable company days after its <a href="https://www.theguardian.com/science/2026/jun/12/spacex-stock-price-ipo-spcx">stock market debut</a>.</p><p>The jump in value came as it agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (£44bn), in an attempt to capitalise on

Plaud is trying to make a mark in a crowded market full of AI-powered meeting notetakers.
Unlike many of his tech industry peers who have cut thousands of jobs citing the need to restructure to make the most of AI, Robinhood's CEO Vlad Tenev conspicuously made no mention of AI in his note about layoffs.
The service will leverage its Moovit platform to launch in an a US city in 2027.

A new, AI-assisted model of insurance is quietly exploding in disaster-prone areas—and may be coming for FEMA too. Is it the answer to climate change, or a trap?

Devices that monitor seniors for safety are appealing to worried loved ones and underresourced home care agencies.

<p>Josh Shapiro, Pennsylvania’s governor, squares off with state lawmakers over the facilities powering an AI boom</p><p>A controversial haunted house near Philadelphia, <a href="https://www.theguardian.com/us-news/pennsylvania">Pennsylvania</a>, taps into its <a href="https://www.thebeliever.net/the-haunting-of-pennhurst/">dark history</a> every fall to scare tens of thousands of visitors. In 1968, a local news station <a href="http://www.preservepennhurst.org/default.aspx?pg=26">documented</a>

US Justice Department calls xAI's chatbot Grok essential to military operations, defending its controversial gas turbines. The article DOJ invokes national security to defend xAI's unpermitted gas turbines in NAACP lawsuit appeared first on The Decoder .

<p> We have opened the AI Pandora’s box. Now we have to make the best of it</p><p>On 9 June, Anthropic <a href="https://www.anthropic.com/news/claude-fable-5-mythos-5">released</a> its Fable generative AI model. Three days later, the US government <a href="https://www.explainx.ai/blog/us-government-bans-fable-5-mythos-5-anthropic-export-control-2026">classified</a> it as a dangerous munition, and used its export-control authority to <a href="https://www.theguardian.com/technology/2026/jun/13/ant

The Institute of the Estonian Language has released a benchmark measuring how susceptible AI language models are to Russian propaganda. The article How easily can Russian propaganda fool AI models? A new benchmark finds out appeared first on The Decoder .

SearchLeak exploit shows why the industry's approach to LLM security fails over and over.

The European Union has published its AI content labelling playbook, a voluntary Code of Practice meant to help companies meet transparency rules that become law across the bloc on August 2 onwards. The European Commission released the final Code on 10 June, setting out practical steps for the businesses that build and use generative AI to mark […] The post EU publishes its AI content labelling playbook ahead of the AI Act’s August deadline appeared first on AI News .
Anthropic has pulled back its planned billing change for the Claude Agent SDK just before launch. Instead of separate credits, the SDK and third-party apps will keep drawing from regular subscription limits. The article Anthropic backs off unpopular billing overhaul as price war with OpenAI looms appeared first on The Decoder .
Chinese AI startup DeepSeek has raised more than 50 billion yuan - about $7.4 billion - in its first external funding round. The article DeepSeek takes outside money for the first time at a $50 billion valuation appeared first on The Decoder .
A Silicon Valley software maker and an ecommerce company reveal to WIRED how they are navigating the emerging challenge of “tokenomics.”

OpenAI spent $34 billion in the past year, far more than the year before. The article OpenAI burned through $34 billion last year appeared first on The Decoder .

With AI adoption accelerating, testing systems under adversarial conditions has become increasingly important. It enables organisations to identify vulnerabilities before deployment and strengthen overall system safety. Explore what AI red teaming is, why it matters and the leading companies offering AI red teaming consulting services. What Is AI Red Teaming? AI red teaming tests artificial […] The post AI Red Teaming Explained: What It Is and Why You Need It appeared first on AI News .
For years, enterprise content management was largely a publication tool. How do you get the right content, in the right format, to the right channel, without breaking workflows that span dozens of markets and hundreds of contributors? The answer was usually a combination of manual processes, siloed systems, and large coordination teams that grew historically […] The post How AI-Powered CMS Platforms Are Transforming Enterprise Content Operations appeared first on AI News .
<p>Tech is helping to identify and save new specimens and could open ‘genomic goldmine’ of fungi data</p><p>The rise of AI and digitisation could be a turning point in the “race against extinction” faced by botanists trying to identify and save vital plants before they vanish, according to a major <a href="https://www.kew.org/science/state-of-the-worlds-plants-and-fungi">report</a> from Royal Botanic Gardens, Kew.</p><p>New technology is enabling scientists to track how flowering times have shif

With its music focus, no-AI content policy, and larger artist royalties, the hi-res streaming service is scooping up all sorts of switchers.
Anthropic leaders flew to Washington, DC, to meet with White House officials on Monday. After high-level talks, they’re still split on the risk Claude Fable 5 presents.

AI is once again at the heart of a college graduation protest — this time for the technology's use in Google's defense contracts.
In an internal memo seen by WIRED, Bosworth promised employees more stability, better communication, and the return of workplace perks as the company seeks to improve morale.

Debt sale set to test investor appetite for further exposure to AI sector amid a deluge of borrowing.

Meta announced Monday that it's rolling out a wave of new AI features on Facebook, the latest sign of the company's effort to catch up in the AI race and keep users more engaged on the platform.
Government officials accuse Anthropic of disregarding Trump's cyber directive and releasing Fable 5 without approval. "They screwed us," one administration official said. Talks are underway with the Department of Commerce, the CIA, and science advisor Michael Kratsios. The article The US government may be asking Anthropic the impossible by demanding unhackable LLMs appeared first on The Decoder .

Nvidia wants to raise at least $20 billion through its first bond sale since 2021, Bloomberg reports, citing people with direct knowledge of the deal. The article Nvidia joins AI debt boom with $20 billion bond sale appeared first on The Decoder .
Volunteer AR scans from Pokémon Go players fed into Niantic's spatial AI models. That technology is now being combined with a US defense contractor's software for GPS-free navigation. The article Pokémon Go data helped train AI now linked to military drones appeared first on The Decoder .

NewCore argues the next challenge in enterprise security will be managing AI agents, not people.
<p>The list of government AI use cases has ballooned by 70% since Biden left office and includes many plans to hand over sensitive governmental functions to AI</p><p>On 14 April, the Trump administration quietly acknowledged the widespread use of AI to automate government processes. The office of management and budget (OMB) <a href="https://github.com/ombegov/2025-Federal-Agency-AI-Use-Case-Inventory/commit/3c225ba8438e48306ace7698c8c7feb9486cbc69">disclosed</a> a staggering 3,611 active or plan

Four days after Apple confirmed that Siri AI would not launch in China, Huawei took the stage in Dongguan and declared HarmonyOS 7 the beginning of the agent era. The gap Apple could not fill, Huawei has moved into with an architecture built specifically for it. What HarmonyOS 7 actually changes The headline change is […] The post HarmonyOS 7 steps into the AI gap Apple left open in China appeared first on AI News .

The European Commission is assessing the implications of the US order that forced Anthropic to shut down Fable 5 and Mythos 5 worldwide. European researchers are debating the right response: building their own foundation models or securing access through contracts. But building out homegrown infrastructure would require computing capacity, energy, and competitive providers that Europe currently lacks, experts warn. The article Anthropic shutdown sparks sovereignty debate across Europe appeared f

<p>Voters want someone they trust to change the economic deal</p><p>Graham Platner’s victory in the Maine Democratic primary, <a href="https://www.theguardian.com/us-news/2026/jun/09/graham-platner-maine-senate-primary">despite controversies that would sink more conventional candidates</a>, shows us that voters are not simply rejecting incumbents. They are responding to candidates – even those with pretty dire baggage – who speak to a widespread belief that the economic system is increasingly ri

Consumers are showing a willingness to let AI agents take on more shopping-related tasks, according to new research from Accenture. The company’s 2026 Consumer Pulse Research, based on a survey of 25,590 consumers across 16 countries, found that 74% of respondents would trust a personal AI agent more than their best friend to make a […] The post Accenture: Consumers show growing trust in AI shopping agents appeared first on AI News .

Microsoft CEO Satya Nadella wants companies to build "token capital" alongside human capital, meaning their own AI capabilities built on internal data and proprietary learning loops. Without it, he warns, a few large models could absorb the value of entire industries. The argument also happens to line up with the business logic of his own Azure platform. The article Microsoft CEO Satya Nadella warns of "a small number of AI systems capturing all the economic returns" appeared first on The Decode