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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

#791

Post by [deleted] »

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.

[deleted]

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

#792

Post by marxisttemp »

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]

clankerlover

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

#794

Post by conartist6 »

airstrike wrote: post #211
theahura wrote: post #123

Lots of people in the comments talking about how this is about training data, but surely this is actually about hiring competent people after the mass exodus/firing at xAI?

Whoever thinks the talent pool is this limited that it requires offering Cursor of all places $60B is pattern-matching so hard they might as well be a quilt.

It's not about the talent pool at all.

The AI bubble music stops when one of these former-darling companies has a complete crashout rather than a "successful exit". The investors keep investing because even largely-failed products get acquihire paydays

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

#796

Post by stainablesteel »

tverbeure wrote: post #396
stainablesteel wrote: post #343

Earlier quoted context omitted.

the ability to mine the moon or asteroid belt seems extremely lucrative, the logistics of transporting materials to earth costs less than shipping them across the ocean, an astounding level of value creation.

This can’t a serious comment. Did you notice the size of the Artemis rocket and the size of the payload it sends to the moon and back? Do you expect there to be diamonds just laying these on the moon surface, no mining required.

you don't have to ship things the moon, you just build a mass driver on the moon that sends things to earth. it doesn't need to yield diamonds, this would be lucrative with just fresh water

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

#797

Post by stainablesteel »

xuki wrote: post #362
stainablesteel wrote: post #343

Earlier quoted context omitted.

the ability to mine the moon or asteroid belt seems extremely lucrative, the logistics of transporting materials to earth costs less than shipping them across the ocean, an astounding level of value creation.

There is no other mode of transportation cheaper than shipping across the ocean.

launching things via a mass driver from the moon to the earth requires a lot less fuel, is faster, and cheaper than shipping across the ocean

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

#798

Post by [deleted] »

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.

[deleted]

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

#799

Post by stainablesteel »

AngryData wrote: post #409
stainablesteel wrote: post #343

Earlier quoted context omitted.

the ability to mine the moon or asteroid belt seems extremely lucrative, the logistics of transporting materials to earth costs less than shipping them across the ocean, an astounding level of value creation.

It is valuable if they can find the right rocks and bring them back. A platinum group metal asteroid would be of immense value, at least the first one anyways. After that who knows, they might super saturate the global market for decades.

our use of platinum has been limited by its scarcity, having tons of it would completely change the things we could build. saturation isn't a real downstream effect of economics, it would instead be transformative

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

#800

Post by jappgar »

theahura wrote: post #509
airstrike wrote: post #211

Earlier quoted context omitted.

Whoever thinks the talent pool is this limited that it requires offering Cursor of all places $60B is pattern-matching so hard they might as well be a quilt.

hi, im the quilt. Note that Meta paid ~16b for Alexandr Wang, and Google paid ~3b for the windsurf executive team. You are making a category error -- the talent pool isn't "ML researcher" it's "competent leader"

These guys aren't 100000x leaders, they're investment vehicles. They're nfts in human form.
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