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SpaceX says it has agreement to acquire Cursor for $60B

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Re: SpaceX says it has agreement to acquire Cursor for $60B

#781

Post by jappgar »

KaiserPro wrote: post #717
sigmoid10 wrote: post #630

Earlier quoted context omitted.

Cynics on HN easily dismiss AI service wrappers (and many of them are in fact overblown and not worth their own code). But writing a genuinely good harness with lots of context engineering and solid tool integration is in fact not that easy. The biggest issue is that model providers also see what the community likes and often move on with their own offerings that are tailored to their own models, potentially at the t…

> But writing a genuinely good harness with lots of context engineering and solid tool integration is in fact not that easy. true, but its not worth $60 billion fucking quid.

it's insanity.

the whole thing is driven by irrational stock market investers who NEED ai to be the thing that saves the world.

they're betting everything on it.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#782

Post by sschueller »

simgt wrote: post #772
dminik wrote: post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

Yes, and Whatsapp was just a messaging app with a stupid Erlang backend. These deals are not about the tech, they buy the business, that includes the brand and the user base. Whether we think it's worth that amount is indeed up for discussion.

Whatsapp was much much more at that point. It also had a huge userbase at a time when getting such a number of people was incredibly difficult. Many were also paying the $1 per year fee. Switching from Cursor to Kilo etc. takes nothing. There are no "friends" you need to convince to switch.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#783

Post by sam_goody »

dminik wrote: post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

Let's face it - Grok is not nearly as popular among programmers as Claude or Codex, and that means that xAI is not able to vacuum all the data that his competitors have access to.

Cursor is installed on a LOT of computers.

Once Grok becomes the default engine, it will raise adoption.

More importantly, if you have Cursor installed all your data may be sent to their labs whether you use it or not (unfortunately - this is par for the course for all the LLMs, a la Microsoft).

That's worth a lot - especially considering that Cursor might also grow with the shift to more powerful local models and the fact that it has a respectable income stream.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#784

Post by throwatdem12311 »

thegreatpeter wrote: post #771
PurpleRamen wrote: post #758

Earlier quoted context omitted.

I don't think it's about worth any more at this point; it seems more about money laundry and manipulating the market. They are shifting power between each other and create an illusion of a healthy economy, not carrying about the damage they create for everyone else.

[flagged]

People that think a crappy vscode fork is worth 60 billion dollars are the ones that need to touch grass.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#785

Post by neonstatic »

tomgp wrote: post #766
neonstatic wrote: post #703

Earlier quoted context omitted.

What really puzzles me is how years of woke insanity are forgotten / forgiven, but a nazi salute is not. Remember how Microslop employees used to start their presentations with a list of Native American tribes who owned the land their office was at? Maybe people don't read Orwell anymore... that stuff was straight out of 1984. I see being downvoted on my question already - can people who hate Musk not see the differe…

What microsoft employees do in the privacy of their own meeting rooms has basically no effect on me. When Elon Musk appears along side Tommy Robinson in my city, espousing racist "great replacement" to a crowd of drunken thugs and suggesting my neighbours and friends are problem to be expunged from society, well frankly he can fuck right off.

https://youtu.be/PraEcNDGSqY?t=310 privacy of their own meeting rooms? Let's not forget about her stating for the audience her race, sex, and skin color. Those are very important things in the context of a programming conference :) There is no baked in reverse racism here at all. Only those awful right wingers do racism.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#786

Post by afavour »

dminik wrote: post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

> How is a VSCode fork and an open weight LLM fine-tune worth $60B?

Corporate contracts. A lot of companies have signed onto Cursor. xAI has a pretty toxic brand with Elon and the nonconsensual sexual images scandal. xAI has a ton of compute and few corporate customers. Now they have a ton.

> One would think Elon would learn his lesson after overpaying for Twitter

I think he took over Twitter to control what people using it see and promote right wing viewpoints. To that end it’s been a wild success.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#787

Post by dev1ycan »

inemesitaffia wrote: post #467
dev1ycan wrote: post #332

I am so actually beyond sad that I ever trusted Musk, all the signs were there, from the lies with Tesla to the nonesensical point to point "tourist" lies, to the Mars lies, to the fact that the spaceship they are developing right now requires an actual elevator to get astronauts down, it was never meant for humans, it was meant to deploy sats in space even cheaper, outcompete the competition and basically kill human…

The elevator was there when it was originally announced. There's no Kessler Syndrome where Starlink is. You'd know this if you read Kessler's first paper. It's online. i.e if every single Starlink satellite crashes into another you won't get Kessler Syndrome. And the same it true for the planned Kuiper.

First of all, yes I know about the elevator hence why I mentioned it, you know, first of all it's not that safe to be going down an elevator from what is basically a multiple stories high building while in space (#1) and (#2) why would you add complexity/failure points on purpose if your mission was being multiplanetary?

The spacecraft wasn't designed with humans in mind first.

And second:

This is a paper by Kessler himself:

https://conference.sdo.esoc.esa.int/proceedings/sdc9/paper/3...

Re: SpaceX says it has agreement to acquire Cursor for $60B

#788

Post by sheepscreek »

zacyungblut wrote: post #375
sheepscreek wrote: post #316

Anyone saying this is an aquahire has it backwards. SpaceX is acquiring Cursor’s customers , all those enterprises including NVIDIA itself. I believe Jenson Huang is on the record about the engineers using Cursor everyday. As far as I know, xAI’s enterprise market share is non-existent. This is their way to get some much needed customers.

NVIDIA has 42,000 employees. Even still, when their deal with Cursor comes to an end do we really expect them to stay loyal? And further, sign on with xAI? When they could instead sign with the new hottest enterprise coding IDE (Claude, Codex, etc who are way more popular now). Maybe if it’s an acquihire, it’s the GTM/Sales that xAI is after?

They might. Elon will probably use his SpaceX/xAI spend (future SpaceX space datacenter dollars) as leverage. NVIDIA is so used to doing such deals by now, they’ll probably take it.

Re: SpaceX says it has agreement to acquire Cursor for $60B

#789

Post by romanovcode »

dminik wrote: post #748

Wow. Tech CEOs and investors have completely lost touch with what money really is worth. How is a VSCode fork and a open weight LLM fine-tune worth $60B? One would think Elon would learn his lesson after overpaying for Twitter and then having to merge his failures together to stay afloat. But no, more cash into the burning pile.

Ever heard of concept called acqui-user/acqui-hire?

Re: SpaceX says it has agreement to acquire Cursor for $60B

#790

Post by tietjens »

CryptoBanker wrote: post #683
rob74 wrote: post #583

Earlier quoted context omitted.

What's crazy is that a company that sells an IDE (that's not even a particularly good one compared to competitors like JetBrains) integrating some AI plugins could be worth more than $60B...

Cursor sells its own models as well now

It's own RT'ed open source models right?
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