News & Updates
The latest news and updates from companies in the WLTH portfolio.
Kraken to Congress: stop taxing every coffee and fix staking rules
Kraken says it filed 56m 2025 crypto tax forms, most under $50, and is urging Congress to create a de minimis exemption and let users defer tax on staking rewards until sale. Kraken is using this tax season to put hard numbers behind a long‑running complaint: the US treats trivial crypto transactions like serious taxable events. According to figures shared with CoinDesk and outlined in its US tax center materials, Kraken generated roughly 56 million crypto transaction tax forms for the 2025 tax year under new Infrastructure Act reporting rules. The kicker is the distribution. Kraken says about 18.5 million of those transactions -- roughly one‑third -- involved amounts under $1, around 74% were for trades or payments under $50, and only 8.5% exceeded the $600 reporting threshold that normally triggers IRS information returns like Form 1099‑MISC. Under current IRS guidance, each swap or spend is potentially a taxable event, regardless of size. Kraken's own tax guide notes that "most crypto activities are treated as either ordinary income or a capital gain," and that trading, NFT purchases, staking rewards, and airdrops "are not tax exempt," forcing users to track cost basis and fair market value even for micro‑purchases. Kraken is now asking Congress to step in. The exchange is calling for a statutory de minimis exemption on everyday crypto payments -- essentially a minimum dollar amount beneath which gains and losses would not be taxable -- and wants that threshold indexed to inflation so it doesn't erode over time. At the same time, Kraken wants lawmakers to fix what it sees as a broken approach to staking rewards. Revenue Ruling 2023‑14 currently requires taxpayers to include staking rewards in gross income when they gain "dominion and control," i.e., at the moment they're credited, even if the holder doesn't sell tokens and the price later dumps. Kraken argues that rule both complicates reporting and creates mismatches between paper income and actual liquidity. It is asking Congress to let taxpayers elect between two options: treat staking rewards as ordinary income at receipt (the status quo) or defer recognition until sale, effectively taxing them as part of capital gains when the position is exited. Practically, the exchange says, this would align US policy more closely with how staking works in DeFi and on centralized platforms like Kraken, where rewards accrue continuously and are often re‑staked rather than cashed out. Unless Congress moves, though, US users face another year where buying a sandwich with crypto generates a line item for the IRS -- and staking into a validator can mean owing tax on tokens they never sold.
Anthropic cyberattack highlights how the modalities are becoming harder to contain
Investigators and researchers are still learning of the scope of the cyberattack which has hit US government agencies and other victims around the world - AFP With both OpenAI and Anthropic introducing more "cyber-permissive" models (in tightly controlled releases), this indicates that advanced vulnerability discovery and exploit reasoning are becoming more accessible and potentially harder to contain. A recent incident demonstrates this. This week it was announced how unauthorised users were able to access Anthropic's Mythos model, PC Mag reports. The way the rogue agents accessed the server was reportedly by just changing a model name. Anthropic's Mythos model is a powerful AI tool capable of identifying undiscovered security holes that have existed for decades. Bloomberg has reported that an as yet unnamed group tried multiple ways to gain access to the AI model, and then finally they were able to get through to the system, via a third-party vendor. The issue demonstrates how easily such systems can be exposed. This signals that AI capabilities are already out there and in the wrong hands they can accelerate how quickly vulnerabilities can be detected and exploited. Consequently, software teams will need to look at how to harden their code so those vulnerabilities cannot be exploited to begin with. Several experts reached out to Digital Journal to explain about the ramifications and ongoing significance of the incident. The first to do so is Steve Povolny, Vice President of AI Strategy & Security Research at Exabeam. Povolny focuses on the seeming simplicity of the attack: "The reality is, Pandora is out of the box. If it was as relatively easy as it sounds to gain access to the world's most talked-about security model, it's very likely a much larger group will have access to Mythos far sooner than originally intended." He then turns his attention to the future, considering: "What will be most interesting is observing whether researchers or adversaries can leverage the tech more effectively - will we see widespread exploitation or widespread discovery and patching first? Or will this be another DeepSeek moment? Overreactions and underwhelming impact. Either way, should be interesting to watch this unfold." The second IT specialist to pitch in is Isaac Evans, founder and CEO of Semgrep. Evans seeks to put the incident in perspective: "This infiltration is a minor hiccup compared to the idea of someone exfiltrating the models' weights, which would be a game-changing scenario, and one that has occurred in part before with the distillation of OpenAI models into Deepseek. Anthropic has to protect Mythos against distillation or outright theft." Evans then ponders the future move for Anthropic: "Mythos' ability to find zero-days in so much of the software stack that SaaS vendors rely on is evidence that security bugs are plentiful, not scarce, in the software Anthropic and the broader community use. The security team at Anthropic has a very difficult job: securing the model on a software stack that was designed for high velocity over high assurance, against some of the most sophisticated threat actors in the world. He is also cautious about what happens next: "Until we are able to reach a new steady state by patching all of the vulnerabilities LLMs can find, expect a lot of successful offensive activity." The third commentator is Gabrielle Hempel, Security Operations Strategist at Exabeam. Hempel is interested in how the attack was devised: "Any time you build a high-capability system and expose it even to a semi-distributed environment (partners, contractors, "trusted" ecosystems), you're expanding your attack surface beyond what you can realistically control. While everyone seems focused on securing against sophisticated nation-state actors, we've increasingly seen third-party access paths becoming the weakest link. " She next looks at the inherent weaknesses that opened the door for the attackers: "From a defender's perspective, this is the point we've been reinforcing until we've gone blue in the face: your security perimeter isn't just the infrastructure you own, it's your entire supply chain." Stepping back, Hempel weighs up the situation of an offensive AI world: "I think the interesting thing is that everyone is going to focus on the headlines touting, "AI tool capable of cyberattacks falls into the wrong hands. The real problem, however, is that this model was never supposed to be broadly accessible, it was intentionally restricted to a small set of orgs due to dual-use risk, and it still leaked almost immediately due to a contractor environment. The uncomfortable truth here is that we are rapidly building offensive-grade AI capability into tooling and assuming that policy, contracts, and limited access lists are going to sufficiently control the sprawl."
Rogue Group Gains Access to Anthropic's Dangerous New Mythos AI
Remember Claude Mythos, Anthropic's new AI model that it hyped as being so powerful that it was too dangerous to release to the public? Well, it's already been broken into, according to new reporting from Bloomberg. A small group of Discord users gained access to a preview version of Mythos, a source told the outlet, on the same day Anthropic announced it would be exclusively releasing the model to a select ring of companies. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," a spokesperson for Anthropic told Bloomberg in a statement. The company added that it hasn't found any evidence of unauthorized access to Mythos. The group supposedly doesn't have any nefarious intentions. It has been regularly using Mythos since gaining access to it, according to Bloomberg, though only for non-cybersecurity related purposes. The source described the group as being interested in "playing around" with new models, rather than wreaking havoc. But their alleged feat does raise the alarming possibility that other less scrupulous actors could have gotten their hands on Mythos without Anthropic knowing. According to Bloomberg's source -- described only as a person familiar with the matter -- the users are part of a private Discord server dedicated to digging up information on unreleased AI models. They gained access by making an educated guess about where Mythos was stored online based on how Anthropic has stored its other models, some of the details of which were revealed in a recent data breach from an AI startup that works with large AI companies. The source also claimed to have permission to access Anthropic tech used to evaluate its models through another company that did contract work for Anthropic. No serious harm seems to have come from the breach, but it's a bad look for Anthropic, which earned brownie points for holding off from unleashing Mythos to the public. It instead chose to give access to around forty organizations, including tech giants like Apple, Microsoft, and Amazon. The Dario Amodei-led company has described Mythos in terms of being a cybersecurity skeleton key cum digital WMD that can break into "in every major operating system and every major web browser when directed by a user to do so." In tests, Anthropic said Mythos was even able to break out of its sandbox computing environment and then use an exploit to gain access to the internet so it could message a researcher about its accomplishment, which it did. Whether the Mythos's formidable reputation is warranted, it's put world governments on watch; leaders from the European Union, which does not have access to the model, have met with Anthropic at least three times since Mythos was released, the New York Times reported, while the UK's AI minister felt compelled to address its capabilities by vowing the country would take steps to protect "critical national infrastructure."
Tesla reports profit beat for Q1, reveals $2B SpaceX investment
Tesla Inc (NASDAQ:TSLA) has delivered an earnings beat for the first quarter, with profit beating Wall Street estimates and revenue growing year-over-year. The EV-maker reported adjusted earnings per share of $0.41, above the $0.37 expected by analysts. Revenue came in at $22.39 billion, up 16% year-over-year, but this was only a modest beat to a miss when compared to various estimates that ranged from $22.35 billion to $22.64 billion. Automotive revenue rose 16% to $16.234 billion, while services and other revenue grew 42% to $3.745 billion. However, energy generation and storage revenue declined 12% to $2.408 billion. Profitability improved, with total gross profit reaching $4.72 billion and gross margin expanding to 21.1%, up from 16.3% a year earlier. Tesla recorded $0.9 billion in GAAP operating income and $0.5 billion in GAAP net income, alongside $1.5 billion in non-GAAP net income. The report also revealed that Tesla made a $2 billion investment in CEO Elon Musk's space firm, SpaceX. At the quarter-end, cash, cash equivalents, and short-term investments totaled $44.7 billion, up $0.7 billion sequentially. The increase was primarily driven by $1.4 billion in free cash flow and $1.2 billion in financing inflows, partially offset by the $2 billion SpaceX equity investment. In its quarterly update, the company highlighted ongoing investments in artificial intelligence infrastructure, battery production, and manufacturing capacity. Tesla said it has begun ramping additional AI compute capabilities and is preparing production lines for upcoming products, including the Megapack 3, Cybercab, and Tesla Semi. Tesla also pointed to strengthening demand across multiple regions, noting continued growth in Asia-Pacific and South America, as well as a rebound in Europe, the Middle East, Africa, and North America. The company highlighted its efforts to localize and vertically integrate supply chains amid increasing geopolitical uncertainty. It said these steps are intended to secure access to key materials and components across its vehicle, energy, and AI businesses. Looking ahead, Tesla cited several factors supporting its outlook for 2026, including continued development of its Full Self-Driving (FSD) technology, expansion of its robotaxi platform, progress on its Optimus robotics program, and growth in energy production capacity. Shares of Tesla added 3.5% afterhours following the release of the report.
Anthropic's Claude Mythos Found 271 Vulnerabilities in Mozilla Firefox: New 150 Release Fixes Them
Mozilla has officially launched Firefox 150, featuring a massive 271 security patches identified through Anthropic's Claude Mythos AI. This version introduces significant productivity upgrades, including an advanced Split View, a full-featured PDF editor, and real-time translations. It seems that finding vulnerabilities in Firefox is becoming a kind of benchmark for Anthropic's new AI models. In March, the company announced Claude 4.6, boasting of having found multiple high-severity vulnerabilities in the browser. Now, Anthropic is back at it again, this time with the powerful Claude Mythos Preview, which helped uncover a staggering 271 security vulnerabilities in Mozilla Firefox. The browser's creator is releasing update 150 to patch these security holes and improve other aspects. Claude Mythos found 271 flaws in Firefox; the 150 release fixes them According to Mozilla, the AI model acted as a force multiplier for their human researchers. Mythos was able to identify flaws ranging from minor bugs to high-severity risks quickly. It reportedly showed great capabilities in source code analysis at a pace impossible for people. This efficiency allowed the team to "round the curve" of security debt, fixing in weeks what traditionally would have taken months of expensive manual labor. The use of Anthropic's model represents a turning point for cybersecurity. Bobby Holley, Firefox's CTO, noted that the tools have fundamentally changed the game. He claims Mythos offers automated techniques that cover the full spectrum of potential bugs. This level of analysis was previously reserved for elite researchers or well-funded attackers. Now, AI is tilting the balance back toward the defenders. Interestingly, the AI didn't find categories of bugs that humans couldn't eventually see. Instead, it provided a "firehose" of discoveries that required a disciplined response from Mozilla's engineers. Productivity features get a major lift Beyond the invisible security wall, Firefox 150 introduces tangible improvements for the daily user. The Split View feature, which allows side-by-side browsing, is now more intuitive. Users can right-click any link to open it directly in a split window without losing their place on the original page. This mode also supports tab searching and simple window reordering for better multitasking. Tab management and document handling got some nice upgrades. A new sharing function lets you select multiple tabs at once and copy their titles and URLs in a single action. This makes it easier to move workflows between apps. Additionally, the PDF editor is now more "Pro" than ever. It lets users reorder pages by dragging thumbnails, delete sections, or export individual pages as separate files. Translation is another area where Firefox is becoming more self-sufficient. Users can now access real-time translations -- via a dedicated internal page -- that rival popular standalone services. This tool can automatically figure out what language you're using and lets you quickly change text right in the browser. In other words, you won't need to install third-party extensions to use the feature.
Anthropic Pulls Claude Code From $20 Pro Plan in 2% Test
Anthropic briefly removed Claude Code from its $20 Pro plan Tuesday, then reversed within hours after developer backlash. Head of Growth Amol Avasare called it a 2% test, though pricing pages and support docs changed site-wide. OpenAI kept Codex free. GitHub paused Copilot signups a day earlier. Anthropic briefly removed Claude Code from its $20-per-month Pro plan on Tuesday afternoon, flipping the feature to unavailable across pricing pages and support documents before reversing the change within hours. Head of Growth Amol Avasare said the update was a test affecting roughly 2 percent of new prosumer signups, though the grid and documentation changes rolled out across the public site. The reversal followed hours of developer backlash that exposed how little slack sits inside Anthropic's flat-rate subscription economics. The pricing page swap was first flagged by Ed Zitron on Bluesky. By Tuesday evening, the Pro column on claude.com/pricing showed a red X next to Claude Code instead of the previous checkmark. The Anthropic support article titled "Using Claude Code with your Pro or Max plan" was edited to "Using Claude Code with your Max plan." One word deleted. One access tier gone. Only the $100-per-month Max 5x and $200-per-month Max 20x tiers retained access on the grid. Avasare's 2 percent framing ran into its own contradiction. A gray-scale experiment targets a slice of new users with a server-side flag. Anthropic pushed the change site-wide instead. Simon Willison, who teaches journalists how to use Claude Code, said he didn't buy the framing: "Everyone I've talked to is seeing the new pricing grid and the Internet Archive has already snapped a copy." Hours later, Anthropic reverted both the landing page and the documentation. Avasare, on X: "Was a mistake that the logged-out landing page and docs were updated for this test." Per Avasare, the math is plain. Claude Code usage "took off after Opus 4," Claude Cowork did not exist when Max launched a year ago, and "agents that run for hours weren't a thing." Engagement per subscriber has climbed, and in his words, "our current plans weren't built for this." The Register reported that Anthropic's subscription tiers charge far less than the book value of tokens consumed, sometimes by a factor of ten. Implicator has traced this math before. A $20 Pro subscriber running Opus can burn close to $60 in inference cost. A $200 Max user runs closer to $570. The Pro price point never paid for heavy agentic workloads, and Anthropic has been pulling back on adjacent giveaways, including the April 4 decision to stop letting Claude subscriptions cover third-party tools like OpenClaw. Willison captured the damage in plain terms. His trust in Anthropic's pricing transparency has been shaken. He said he would not teach a NICAR data-journalism class built on a $100-per-month subscription. A GitHub issue titled "Breaking Change: Claude Code CLI Removed from Pro Plan Without Notice" went up within hours. A Hacker News thread drew more than 400 comments, with several users reporting immediate cancellations. The Register flagged the structural risk. Enterprise buyers do not like whipsaw pricing. Individual Pro customers at $20 may not be strategic accounts. The optics reach upmarket anyway. OpenAI did not miss the window. Thibault Sottiaux, the engineering lead for Codex, posted that the tool will stay in the free and $20-per-month Plus tiers: "We have the compute and efficient models to support it. For important changes, we will engage with the community well ahead of making them." Sam Altman chimed in with "ok boomer." Google's Gemini CLI stays free. Cursor holds at $20. Chinese models like Kimi, GLM, and Minimax run at a fraction of the cost. If you own decent hardware, open-source code models like Qwen3-Coder and DeepSeek V3 now handle coding jobs locally through Ollama. And the timing matters. GitHub paused Copilot signups the day before. Both moves landed inside 48 hours, pointing at the same compute wall. Anthropic now carries what Willison called a "trust bonfire" into its next pricing decision. The company has promised that any change affecting existing subscribers will arrive with notice. Avasare said that message would not come from "a screenshot on X or Reddit." He delivered it in a screenshot on X. The test is still running, just invisible to the outside world. The pricing grid shows a checkmark again. The receipts do not.
Tesla reports profit beat for Q1, reveals $2B SpaceX investment
Tesla Inc (NASDAQ:TSLA) has delivered an earnings beat for the first quarter, with profit beating Wall Street estimates and revenue growing year-over-year. The EV-maker reported adjusted earnings per share of $0.41, above the $0.37 expected by analysts. Revenue came in at $22.39 billion, up 16% year-over-year, but this was only a modest beat to a miss when compared to various estimates that ranged from $22.35 billion to $22.64 billion. Automotive revenue rose 16% to $16.234 billion, while services and other revenue grew 42% to $3.745 billion. However, energy generation and storage revenue declined 12% to $2.408 billion. Profitability improved, with total gross profit reaching $4.72 billion and gross margin expanding to 21.1%, up from 16.3% a year earlier. Tesla recorded $0.9 billion in GAAP operating income and $0.5 billion in GAAP net income, alongside $1.5 billion in non-GAAP net income. The report also revealed that Tesla made a $2 billion investment in CEO Elon Musk's space firm, SpaceX. At the quarter-end, cash, cash equivalents, and short-term investments totaled $44.7 billion, up $0.7 billion sequentially. The increase was primarily driven by $1.4 billion in free cash flow and $1.2 billion in financing inflows, partially offset by the $2 billion SpaceX equity investment. In its quarterly update, the company highlighted ongoing investments in artificial intelligence infrastructure, battery production, and manufacturing capacity. Tesla said it has begun ramping additional AI compute capabilities and is preparing production lines for upcoming products, including the Megapack 3, Cybercab, and Tesla Semi. Tesla also pointed to strengthening demand across multiple regions, noting continued growth in Asia-Pacific and South America, as well as a rebound in Europe, the Middle East, Africa, and North America. The company highlighted its efforts to localize and vertically integrate supply chains amid increasing geopolitical uncertainty. It said these steps are intended to secure access to key materials and components across its vehicle, energy, and AI businesses. Looking ahead, Tesla cited several factors supporting its outlook for 2026, including continued development of its Full Self-Driving (FSD) technology, expansion of its robotaxi platform, progress on its Optimus robotics program, and growth in energy production capacity. Shares of Tesla added 3.5% afterhours following the release of the report.
AngelList's USVC Gives Investors Exposure to OpenAI, Anthropic and xAI -- Starting at $500 - Decrypt
Data from the fund at the end of April notes investments in seven private firms, with the highest concentration belong to xAI. A new investment product called USVC is designed to disrupt venture capital norms and provide retail investors access to some of the most successful private companies -- like OpenAI, Anthropic, and Elon Musk's xAI -- for as little as $500. The venture capital fund is offered by investment infrastructure firm AngelList, and is available for all U.S. investors. "Go back to the 1500s, you set sail for the new world to find tons of gold -- that was 'adventure capital.' Early-stage technology is the modern version. It says we are going to create something new, and it's risky. It's daring," AngelList co-founder and USVC Investment Committee Chairman Naval Ravikant said in a post on X. "But ordinary people can't invest until it's old, until it's no longer interesting, until everybody has access to it. By the time a stock IPOs, most of the alpha is gone. The adventure is gone. Public market investors are literally last in line," he said. USVC aims to buck that trend, allowing individuals to participate regardless of their net worth by bypassing accredited investor rules -- which require an individual to have more than a $1 million net worth. Those investing in USVC pool their capital with others, which is then spread across three distinct investment vehicles -- emerging fund managers, company growth rounds, and secondary equity sales. "This is not an index fund. Venture returns concentrate in a handful of outliers, and the best deals don't let just anyone in," the site's FAQ says. "Our strategy is to use judgment, access, and data to pick the right managers and opportunities. Closer to how institutional endowments approach venture than to passive indexing." Unlike traditional venture investing, which may charge carrying fees and take a percentage of the profits, USVC will use a flat 1% management fee. Additionally, it may not require an exit, either via IPO or acquisition, to pay out investors. Instead, Ravikant said, "We're aiming to let investors redeem up to 5% of the fund every quarter" -- though he couldn't guarantee the action. Based on data from the end of March, USVC has invested around 44% of its capital into seven private firms, with exposure to xAI accounting for its largest holding. When it adds exposure to other firms, those investing in USVC will gain exposure as well.
Microsoft to integrate Anthropic's Mythos into its security development program
Will help identify vulnerabilities and develop fixes faster. Microsoft plans to embed advanced artificial intelligence models, including Anthropic's Claude Mythos Preview, into its secure coding framework, as the company steps up its cyber security capabilities. Incorporating the models into Microsoft's Security Development Lifecycle (SDL) will help identify vulnerabilities and develop fixes faster, early on in the cycle, the Windows maker said in a blog. Mythos, announced on April 7, has found "thousands" of major vulnerabilities in operating systems, web browsers and other software. Its capabilities to code at a high level have given it a potentially unprecedented ability to identify cyber security vulnerabilities and devise ways to exploit them, experts said. Anthropic has said the current iteration, Claude Mythos Preview, will be first deployed to a select group of companies as part of Anthropic's "Project Glasswing," a controlled initiative under which major technology companies, including Microsoft, Amazon.com and Apple, can use it to search for cybersecurity vulnerabilities. Microsoft said it evaluated Mythos, using its own open-source benchmark for real-world detection engineering tasks, and the "results showed substantial improvements relative to prior models." US President Donald Trump's administration, central bankers across the globe and industries are racing to get up to speed on Mythos and its ability to make complex cyberattacks both easier and quicker to crack.
Seabreeze signal closure sparks chaos
Traffic flow on MA Jinnah Road has been severely disrupted after the Seabreeze signal, obstructing the Green Line track, was permanently closed as part of ongoing construction work. The closure, which previously served as a key route from Soldier Bazaar towards Empress Market, has caused significant inconvenience to commuters and worsened congestion on one of the city's busiest arteries. According to officials, the Green Line project is progressing rapidly, and the Seabreeze signal was shut to facilitate construction work. They added that two more signals along the stretch from Numaish Chowrangi to Municipal Services Park will also be closed in the next phase. Authorities said the project is expected to be completed by October this year. However, the sudden closure has left commuters frustrated, with traffic diversions causing long delays and bottlenecks.
Musk's $60 billion bet on Cursor comes as xAI falls behind on coding
Elon Musk's artificial intelligence startup xAI has spent months trying to convince businesses to use its Grok chatbot for speeding up the process of coding. But Musk's own employees have sometimes been reluctant to do the same. Some SpaceX engineers have been slow to adopt Grok for technical work because it's not as effective as rival tools, according to people familiar with the matter. Within its xAI division, certain staffers have been using other AI alternatives such as Anthropic PBC's Claude for coding instead of Grok, said some of the people, who spoke on condition of anonymity to discuss internal matters. AI coding tools, which streamline the process of writing and debugging code, have become a key revenue driver for xAI's competitors. Musk's staff's hesitation to use Grok indicates its long road to building credibility for its offering in the market -- and an even longer road to being a top player. Those challenges have pushed Musk make what could be one of his biggest gambles yet to catch up. On Tuesday, Musk's rocket company SpaceX - which merged with xAI earlier this year - said it has an agreement giving it the right to acquire AI coding startup Cursor for $60 billion later this year, or pay $10 billion for the companies' work together. The costly tie-up is aimed at developing "the world's best coding and knowledge work AI," SpaceX said. xAI, meanwhile, has developed an advanced - if often controversial - chatbot powered by data from the Musk-owned social network, X. Grok has yet to prove its coding muscle, however, and the stakes are high for that to change soon. The company's staff has been asked to show they can meaningfully bolster revenue, which until mid-2025 came largely from Musk's other businesses, ahead of SpaceX's expected public offering in June. In the meantime, the xAI team has been trying to sell Wall Street giants and US government agencies on Grok as a useful product for conducting internal business and delivering performance reviews based on scraping company data, people familiar with the matter said. But that pitch has been hampered by concerns that the chatbot is not as adept at coding and financial modeling, some of the people said. In finance, most Wall Street banks and asset managers either use their own proprietary AI models or tools from firms like Anthropic, making it that much harder to get them to switch licenses. Government agencies are using a variety of AI models, including Grok, after xAI secured a partnership with the General Services Administration. A spokesperson for the US Department of Agriculture said it is adopting Grok as one of its AI tools. xAI did not respond to a request for comment. In the universe of Musk businesses, xAI's chatbot is being used for purposes beyond coding. SpaceX's Starlink, for example, has incorporated Grok for customer service across its platform and Tesla is using the technology in its electric vehicles. SpaceX also has its own version of Grok called Spok. But adoption in specialized areas has been slow. Some of the top lieutenants at xAI have asked staffers to ramp up their efforts to produce Claude-like products that can handle coding as well as producing slides and spreadsheets, the people said. Musk himself has acknowledged that xAI is "behind" on coding and vowed to overhaul the company to be more competitive after a wave of layoffs and departures, including nearly all of its founding team. "xAI was not built right the first time around, so is being rebuilt from the foundations up," Musk said in a post on his X social media platform in March. The company has embarked on a hiring spree for talent on its engineering and training teams to help turn the xAI around, including nabbing two senior employees from Cursor last month. It also brought in Michael Nicolls, a top executive at SpaceX's Starlink, as xAI's president. Still, the drumbeat of firings and hirings at xAI have left insiders confused, some of the people said, with some noting that directions for coding and other projects change constantly. While Cursor has become one of the fastest-growing startups of all time and a central player in tech's "vibe coding" era, it too faces stiff competition. The company offers its own proprietary model, as well as others, in an effort to not be overly reliant on technology from any single model maker.
Rogue Group Gains Access to Anthropic's Dangerous New Mythos AI
Remember Claude Mythos, Anthropic's new AI model that it hyped as being so powerful that it was too dangerous to release to the public? Well, it's already been broken into, according to new reporting from Bloomberg. A small group of Discord users gained access to a preview version of Mythos, a source told the outlet, on the same day Anthropic announced it would be exclusively releasing the model to a select ring of companies. "We're investigating a report claiming unauthorized access to Claude Mythos Preview through one of our third-party vendor environments," a spokesperson for Anthropic told Bloomberg in a statement. The company added that it hasn't found any evidence of unauthorized access to Mythos. The group supposedly doesn't have any nefarious intentions. It has been regularly using Mythos since gaining access to it, according to Bloomberg, though only for non-cybersecurity related purposes. The source described the group as being interested in "playing around" with new models, rather than wreaking havoc. But their alleged feat does raise the alarming possibility that other less scrupulous actors could have gotten their hands on Mythos without Anthropic knowing. According to Bloomberg's source -- described only as a person familiar with the matter -- the users are part of a private Discord server dedicated to digging up information on unreleased AI models. They gained access by making an educated guess about where Mythos was stored online based on how Anthropic has stored its other models, some of the details of which were revealed in a recent data breach from an AI startup that works with large AI companies. The source also claimed to have permission to access Anthropic tech used to evaluate its models through another company that did contract work for Anthropic. No serious harm seems to have come from the breach, but it's a bad look for Anthropic, which earned brownie points for holding off from unleashing Mythos to the public. It instead chose to give access to around forty organizations, including tech giants like Apple, Microsoft, and Amazon. The Dario Amodei-led company has described Mythos in terms of being a cybersecurity skeleton key cum digital WMD that can break into "in every major operating system and every major web browser when directed by a user to do so." In tests, Anthropic said Mythos was even able to break out of its sandbox computing environment and then use an exploit to gain access to the internet so it could message a researcher about its accomplishment, which it did. Whether the Mythos's formidable reputation is warranted, it's put world governments on watch; leaders from the European Union, which does not have access to the model, have met with Anthropic at least three times since Mythos was released, the New York Times reported, while the UK's AI minister felt compelled to address its capabilities by vowing the country would take steps to protect "critical national infrastructure."
How Spacex Preempted A $2b Fundraise With A $60b Buyout Offer
How SpaceX preempted a $2B fundraise with a $60B buyout offer - BERITAJA is one of the most discussed topics today. In this article, you will find a clear explanation, key facts, and the latest updates related to this topic, presented in a concise and easy-to-understand way. Read more news on Beritaja. Until a fewer hours earlier SpaceX announced its deal, giving it the action to get Cursor -- the shaper of AI-powered coding package -- for $60 billion, Cursor was connected way to adjacent a $2 cardinal backing information later this week, according to a personification acquainted pinch the matter. The information would person weighted the institution astatine $50 billion. SpaceX said it would either bargain the institution astatine immoderate constituent later this twelvemonth aliases salary $10 cardinal to Cursor to collaborate connected AI development. Cursor was apparently moving a parallel process, negotiating a imaginable acquisition by SpaceX while simultaneously finalizing a backstage backing information pinch investors that see Andreessen Horowitz, Thrive, Nvidia, and Battery Ventures, specifications of which were first reported by TechCrunch past week. It is not uncommon for startups to prosecute successful acquisition discussions while simultaneously raising caller capital. While galore backstage companies for illustration to stay independent, Cursor's $2 cardinal raise would person fallen short of the superior needed to scope cash-flow breakeven, apt forcing the institution to raise important backing later, the personification said. SpaceX, which precocious merged pinch xAI, has been aiming to beef up its AI capabilities to amended compete pinch leaders for illustration Anthropic and OpenAI. Acquiring Cursor gives Elon Musk's institution a amended chance of challenging rivals successful AI coding, presently the about lucrative exertion of the technology. However, SpaceX is delaying the imaginable acquisition of Cursor until aft its IPO this summer. This is mostly because the institution wants to debar updating its confidential financial filings earlier the listing, and it will beryllium easier to finance the $60 cardinal acquisition utilizing its new, publically traded stock. The woody appears to use some sides for respective reasons. Despite accelerated gross growth, Cursor is facing fierce title from Anthropic's Claude Code and OpenAI's Codex. Given that threat, the startup could look challenges successful continuing to raise backstage superior to finance its monolithic computing needs. Even if SpaceX doesn't spell done pinch the acquisition, Cursor is receiving a $10 cardinal superior injection paid retired complete clip from Elon Musk's company. Additionally, if SpaceX goes done pinch the acquisition, the abstraction elephantine will apt support the full Cursor squad intact. Unlike Google's acquisition of Windsurf, which was system arsenic an acqui-hire of cardinal individuals, SpaceX presently lacks a meaningful AI workforce and is wide seen arsenic not having a important AI business. Meanwhile, SpaceX has entree to immense computing capacity astatine its information centers successful Mississippi and Tennessee, which it could connection Cursor, perchance successful lieu of portion of the $10 cardinal "collaboration" costs promised the coding startup. The institution would besides for illustration nationalist investors to worth it arsenic much than conscionable a abstraction and outer business. By promising to perchance get Cursor, SpaceX positions itself arsenic an AI company, giving it a chance to garner the overmuch higher valuation aggregate that Wall Street presently assigns to AI companies.
Hormuz chaos explodes: Iran torches western tankers with 33 "mosquito boats" and kamikaze drones - Greece and Israel in the crosshairs
Iran canceled not only the grand American claims of a total naval blockade of the Iranian fleet, but also the declarations of complete destruction of its navy The American blockade of Hormuz was turned into a dead letter by the Islamic Revolutionary Guard Corps of Iran, who on 22/4 launched an unimaginable hunt against western tankers, including ships of Greek and Israeli interests, even using their famous "mosquito boats" of their fleet. These are small, flexible and very fast Iranian vessels with one or two occupants, which carry light armament and can easily penetrate enemy defenses in the waters. Thus, Iran canceled not only the grand American claims of a total naval blockade of the Iranian fleet, but also the declarations of complete destruction of the Iranian navy. The images that came to light from the European satellite Copernicus demonstrated this magnificently. This is because the footage showed 33 vessels of the Iranian navy rushing into the Persian Gulf, in pursuit of western tankers. Indeed, the relevant operations were assisted by small and flexible kamikaze drones of the IRGC, as well as anti ship missiles. Shocking footage from Copernicus - 33 Iranian "mosquito boats" rushed into Hormuz Overall, Iran possesses a fleet of thousands of small high speed vessels, capable of developing speeds of up to 120 km per hour or even higher according to other sources. This fleet has evolved into a real headache for the United States Navy. A major myth: American claims of "total" destruction of the Iranian navy Despite American claims of the destruction of most of the Iranian fleet, these small vessels equipped with machine guns, guided and unguided missiles, as well as kamikaze drones remain an extremely effective tool. Detecting them by radar is difficult, while tactics of surprise attacks and their instant disappearance among coastal rocks and islands make them essentially invulnerable. These vessels are now conducting a real "hunt" of commercial ships. Critics of Iran argue that this type of activity directly threatens global oil supply, as about 20% of global exports pass through the straits. Iran, for its part, counters that it did not start the war and declares itself ready to stop ship interceptions at any moment, once the United States lifts the blockade in the straits and in Iranian ports. The IRGC announcement on unprecedented power operations in Hormuz, Greece and Israel targeted Earlier, in a detailed statement, the Navy of the Islamic Revolutionary Guard Corps (IRGC) announced the interception and transfer of two ships into Iranian territorial waters, due to violations in the Strait of Hormuz. In a statement issued on Wednesday 22/4, the IRGC identified the vessels as the MSC Francesca, which as stated belongs to the Israeli regime, and the Greek interest Epaminondas. According to the announcement, the ships were operating without permission, committing repeated violations, falsifying navigation systems and endangering maritime safety in an attempt to exit the straits secretly. "With the dominance of our forces in the field of information, these vessels were identified and immobilized in order to defend the rights of the noble Iranian nation in the Strait of Hormuz," the Navy of the Guards stated. It added that the ships have now been transferred to Iranian territorial waters for inspection of their cargo and documents. The Navy of the IRGC reiterated that any attempt to obstruct the implementation of the laws announced by Iran for passage through the Strait of Hormuz, or any activity incompatible with safe passage through this strategic waterway, will be continuously monitored and will be met with decisive and legal action against violators. Shocking Iranian response turned the American blockade of Hormuz into a dead letter The operation took place amid ongoing tensions over the naval blockade of Iranian ports by the United States, which Tehran has condemned as an act of aggression and a violation of international law. Iran imposed special controls on the strategic waterway a few days after the start of the American Israeli war on 28 February, implementing a new regulatory framework requiring all vessels to secure permission before transit. A draft law currently before parliament would formally codify these rules, including the ban of ships linked to Israel, mandatory approval for vessels from "hostile countries", and the imposition of transit fees. The seizures occurred just a few hours after the President of the United States, Donald Trump, announced the extension of the ceasefire, while simultaneously confirming that the United States Navy will maintain the naval blockade of Iranian ports, a move that Tehran considers a violation of the truce. For its part, Iran has not requested an extension of the truce and has warned that it could attempt to break the blockade by force if tensions escalate further. The reckless American Israeli war has already caused serious disruption in global shipping, as the straits, through which 20 million barrels of oil per day normally pass, remain largely closed, causing energy prices to skyrocket. Timeline of Iranian operations against western tankers on 22/4 The Iranian news agency Tasnim reported that "Iran is enforcing maritime law on a container ship that ignored warnings. Iranian armed forces opened fire on a container ship after it repeatedly ignored warnings, causing significant damage to the vessel, according to a report by the United Kingdom Maritime Trade Operations (UKMTO)." According to the Iranian news agency Tasnim, operational control of shipping lanes is now directly in the hands of Iran's operational units and any maritime transit is possible only within the defined safety rules. As stated, at the first stage a limited and controlled route was planned for the passage of commercial ships in the Strait of Hormuz, a narrow corridor approximately three kilometers wide, where transit was carried out only with full coordination with the naval forces of Iran. Second strike within a few hours However, the attack on EPAMINONDAS appears to have been the first part of a coordinated operation. According to the UKMTO, just three hours later at 06:38 UTC, a second incident occurred, as another cargo ship came under fire approximately eight nautical miles west of the Iranian coast. The captain of the second vessel reported that the ship is immobilized at sea, while the crew is safe. CENTCOM: We are tightening the naval blockade in Hormuz - 29 Iranian ships returned to point of departure For their part, the United States also signaled on 22/4 that they are intensifying their naval blockade against Iran and are enforcing it in real time, as announced by the Central Command of the United States (CENTCOM). According to the latest information, at least 29 ships have been forced to return or turn back to their ports. Reports claiming that some ships managed to pass the blockade are denied by authorities, who state that critical tankers have been identified and are now anchored in Iran. Also, another ship is under escort of the United States Navy, after attempting to violate the blockade. Washington is sending a clear message, this blockade is being imposed not only in the region but also beyond it, wherever Iranian ships are located. However, in reality, the 34 Iranian tankers that passed on Wednesday 22 April through the Strait of Hormuz unhindered rather prove the opposite.
Sources: xAI held talks in recent weeks with Mistral and Cursor about a potential three-way partnership; Mistral co-founder Devendra Chaplot joined xAI in March
Rani Molla / Sherwood News: SpaceX to reportedly buy coding startup Cursor for more than $50 billion SpaceXAI and @cursor_ai are now working closely together to create the world's best coding and knowledge work AI. The combination of Cursor's leading product and distribution to expert software engineers with SpaceX's million H100 equivalent Colossus training supercomputer will allow us to build the world's most useful models. Cursor has also given SpaceX the right to acquire Cursor later this year for $60 billion or pay $10 billion for our work together.
SpaceX partners with Cursor on AI training, floats potential $60B acquisition - SiliconANGLE
SpaceX partners with Cursor on AI training, floats potential $60B acquisition SpaceX Corp. will help Cursor, a venture-backed vibe coding startup, train artificial intelligence models optimized for programming tasks. The companies announced the initiative on Thursday. According to SpaceX, the partnership agreement gives it the option to buy Cursor for $60 billion by year's end. If the space launch provider opts against an acquisition, it will pay $10 billion for the collaboration. Cursor, officially Anysphere Inc., develops one of the industry's most popular vibe coding platforms. CNBC reported on Sunday that the company was in talks to raise $2 billion from investors at a valuation exceeding $50 billion. According to Bloomberg, Cursor has since scrapped the round on account of the deal with SpaceX. SpaceX will give Cursor access to the graphics processing units operated by its xAI unit. According to the aerospace company, its GPU capacity equals the combined processing power of 1 million H100 chips. The H100 was Nvidia's flagship AI accelerator for data centers until 2024. The most capable version of the chip, the liquid-cooled H100 SXM, can perform 35 trillion operations per second when processing FP64 data. SpaceX's xAI unit also uses other, more advanced Nvidia chips in its data centers. Last week, Business Insider reported that SpaceX plans to give Cursor access to tens of thousands of GPUs. The latter company will reportedly use them to train a coding model called Composer 2.5. The algorithm is the planned successor to Composer 2, an internally-developed AI that Cursor debuted last month. It powers some of the features in the company's namesake vibe coding platform. The platform uses Composer 2 and third-party models to automate tasks such as rewriting legacy code in a new language. AI models generate a significant amount of temporary data when processing a prompt. In some cases, that temporary data's memory footprint exceeds the capacity of the algorithm that generated it. Composer 2 addresses the challenge with a feature that Cursor calls self-summarization. When the temporary datasets produced by the model start approaching capacity limits, it condenses them into a summary that takes up less space. The Cursor-SpaceX partnership may affect xAI's development roadmap. Last year, xAI released a model called grok-code-fast-1 that is built to power AI code editors, the same use case for which Composer 2 is optimized. It's possible that the SpaceX unit will redirect resources from grok-code-fast-1 to other projects. In a post on X, SpaceX stated that the partnership is intended to "create the world's best coding and knowledge work AI." That suggests the models produced through the collaboration will focus on not only coding tasks but also other enterprise use cases. It's unclear how SpaceX hopes to realize a return on the up to $60 billion that it intends to spend on the initiative. One possibility is that xAI plans to integrate Cursor-developed into paid products. The company sells access to Grok, its internally-developed line of large language models, through an application programming interface. The vibe coding market is a large and growing source of revenue for AI model developers such as Anthropic PBC. The Cursor partnership gives SpaceX a bigger presence in that segment, which may help drive up investor interest in its upcoming public offering. SpaceX reportedly hopes to sell $75 billion worth of shares at a $1.75 billion valuation.
Before the IPO: SpaceX Just Set Up a $60 Billion Deal to Buy This Artificial Intelligence (AI) Company | The Motley Fool
SpaceX said recently that it had signed an agreement that would allow it to acquire Cursor for $60 billion. Alternatively, the deal also leaves the door open for SpaceX to instead pay the AI coding specialist $10 billion for their work together. With SpaceX seemingly set to make IPO history in the next few months, what does the company's deal with Cursor mean for potential investors? In a post on X announcing the Cursor deal, SpaceX CEO Elon Musk said that the two companies are working to "create the world's best coding and knowledge work AI." While SpaceX is best known for its rocket-launching and Starlink internet services, the company is also making artificial intelligence a big part of its growth strategy. Earlier this year, Musk moved to merge his xAI company with SpaceX. Cursor's core product is Composer -- an AI software coding tool that helps developers test their code with documentation. SpaceX's move to either acquire the company at a $60 billion valuation or pay $10 billion for its services represents a big vote of confidence in the coding specialist's tech and an important development in Musk's company's approach to the AI race. While xAI has solid footing in many aspects of the artificial-intelligence competition, it's still behind Anthropic's Claude and OpenAI's Codex in some key respects. Through the partnership with Cursor, Musk is aiming to strengthen SpaceX's competitive positioning in a crucial AI battlefield. Along with providing useful tools to software developers, the focus on building out AI coding technologies has the potential to support systems capable of self-improvement and deliver disruptive advantages. According to sources cited by Bloomberg, it's seemingly more likely that SpaceX will wind up purchasing Cursor outright than paying $10 billion for its services. Because Musk's space company is on the verge of carrying out its IPO, it would need to resubmit key informational filings related to its public debut -- a move that could potentially result in the delay of its initial public offering. Those sources suggested that the $10 billion figure that has been cited is actually a breakup fee if the acquisition were not to proceed. With such a high breakup fee relative to the planned $60 billion buyout price, SpaceX seems to be extremely bullish on Cursor's capabilities and confident that the buyout will go through at some point. Notably, another one of Musk's companies is set to report its first-quarter results after the market closes today. Some investors and analysts have speculated that Musk could move to merge Tesla (TSLA +0.30%) with SpaceX at some point following the latter company's public market debut. Beyond potentially bringing Tesla's electric-vehicle business into the fold, a merger would also combine the EV company's robotaxi and Optimus humanoid robotics businesses with SpaceX and xAI.
SpaceX eyes 12th Starship launch, marking a pivotal step in getting humans back to the lunar surface
An important step forward in long-duration spaceflight, the highly anticipated 12th launch of Starship, a fully reusable spacecraft designed for missions to the moon, is approaching. After an initial target to launch in March or April, hiccups and cancellations have pushed the highly-anticipated launch back. On its 12th test flight, Starship is expected to introduce upgraded hardware, including more powerful engines and a taller structure designed to support increased payload capacity. HUBBLE TELESCOPE CAPTURES STUNNING IMAGES OF 'SPACE SLUG' NEARLY 5,000 LIGHT-YEARS AWAY These enhancements represent an important step in validating the vehicle's evolution and could play a pivotal role in advancing humanity's ambitions to return to the moon. Trading on prediction markets has varied, with the majority of the public in agreement the launch will occur before June. The new Version 3 design is aimed at achieving orbit, with full reusability representing a critical milestone that could significantly advance NASA's Artemis program and its ambitious objectives. Looking ahead, Artemis III is intended to demonstrate key capabilities for sustained lunar exploration, including the use of commercial human landing systems. One such system under development is SpaceX's Starship, which is planned to transport astronauts from lunar orbit to the moon's surface. NASA'S ARTEMIS PROGRAM: PAVING THE WAY FOR HUMANKIND'S RETURN TO THE MOON AND BEYOND SpaceX's upcoming Starship test flights are focused on validating the technologies required for its role as the Human Landing System (HLS) for Artemis III. These demonstrations, if successful, aim to show that Starship can meet the performance and reliability necessary to support Artemis III -- and potentially future missions such as Artemis IV -- in returning astronauts to the lunar surface.
SpaceX Eyes $60 Billion Cursor Acquisition as Musk Builds AI Coding Empire - CCE l ONLINE NEWS
New York, April 22, 2026: On Tuesday, April 21, 2026, SpaceX made one of the most consequential announcements in the history of artificial intelligence -- and it had nothing to do with rockets. The company revealed it has secured the right to acquire Cursor, the leading AI coding platform, for $60 billion later this year. The alternative: pay $10 billion for the work the two companies are doing together. Either way, the AI arms race just reached a new level of intensity. The Deal That Shocked the AI Industry SpaceX posted the announcement directly on X, stating: "SpaceXAI and @cursor_ai are now working closely together to create the world's best coding and knowledge work AI." The statement was timed to land just before The New York Times published a report citing sources who said SpaceX had agreed to purchase Cursor for $50 billion. SpaceX subsequently clarified the terms: a $60 billion acquisition option or a $10 billion development arrangement. Cursor CEO Michael Truell responded on X, hailing the deal as a meaningful step toward building the best AI-powered coding environment. He referenced the company's AI model, Composer, as the focus of the collaboration. To understand why SpaceX is willing to write a check of this magnitude, consider Cursor's trajectory. Founded in 2022 by MIT graduates Michael Truell, Sualeh Asif, Arvid Lunnemark, and Aman Sanger, the San Francisco-based startup launched its AI-powered integrated development environment (IDE) in 2023 as a fork of the open-source VS Code editor. The growth since has been extraordinary. Cursor was valued at $2.5 billion as recently as January 2025. By May 2025 it had climbed to $9 billion. In November 2025, a $2.3 billion Series D round pegged its post-money valuation at $29.3 billion. By April 2026, it was deep in talks to raise a further $2 billion at a pre-money valuation exceeding $50 billion -- with Andreessen Horowitz expected to co-lead, and Nvidia and Thrive Capital also set to participate. The company has also hit $1 billion in annualised revenue and reports that its in-house models now generate more code than almost any other large language model in the world. By April 2026, Cursor was writing an estimated one billion lines of code per day. The xAI and Mistral Dimension The Cursor deal does not stand alone. According to a report by Business Insider citing people familiar with the matter, Elon Musk's AI startup xAI has held discussions with both Cursor and French AI company Mistral about a potential three-way partnership. The goal: compete directly with OpenAI and Anthropic in AI coding services and AI agents. The xAI angle is not surprising given the corporate context. In February 2026, SpaceX merged with xAI in an all-stock deal that Musk valued at $1.25 trillion -- creating the world's most valuable private company. Since then, xAI has undergone a significant restructuring, with executives from Tesla and SpaceX brought in to audit operations, resulting in dismissals and targeted hiring -- including talent poached directly from Cursor. The Mistral piece adds a European dimension that gives the coalition broader model diversity. Mistral, the French AI startup founded in April 2023 by former researchers from Meta and Google DeepMind, has built a reputation for open-source, efficient AI models and is considered the leading European challenger to OpenAI. Adding Mistral's model capabilities alongside Cursor's IDE dominance and xAI's compute infrastructure would create a formidable alternative stack to what OpenAI and Anthropic currently offer. Why This Deal Matters: Compute, Competition, and the IPO The strategic logic cuts several ways. Cursor currently relies on third-party models from Anthropic, OpenAI, Google, and xAI to power its tools -- meaning it effectively pays licence fees to the very competitors it is trying to beat. The SpaceX partnership changes that calculus dramatically. SpaceX's Colossus supercomputer -- described as having the equivalent compute power of one million Nvidia H100 chips -- gives Cursor access to training infrastructure that few companies on earth possess. Cursor itself acknowledged the value: "We've wanted to push our training efforts much further, but we've been bottlenecked by compute," the company said, noting that the partnership with SpaceX would address infrastructure constraints that had slowed its development. There is also the IPO dimension. SpaceX filed confidentially with the SEC on April 1, 2026, targeting a June listing at a valuation of $1.75 trillion in what would likely be the largest public offering in history. Analysts note that the Cursor deal -- whether it leads to a $60 billion acquisition or a $10 billion development partnership -- provides a compelling AI narrative for investors evaluating SpaceX's growth story beyond its rocket and satellite businesses. The FTX Footnote: A $200,000 Stake Now Worth Billions Amid the breaking news of the SpaceX deal, another remarkable Cursor subplot resurfaced. According to reporting by Yahoo Finance, the liquidators of the bankrupt FTX crypto exchange sold their Cursor stake -- acquired as a seed-round investor -- for just $200,000. At Cursor's current valuation trajectory, that stake is now worth in the billions of dollars, representing one of the most dramatic early-stage investment losses in recent venture capital history. The competitive landscape in AI coding tools is shifting rapidly. OpenAI has Codex and a growing developer tools portfolio. Anthropic's Claude Code is gaining traction. Microsoft's GitHub Copilot remains deeply embedded in enterprise workflows. Into this environment, a SpaceX-xAI-Cursor alliance backed by Colossus compute and potentially Mistral's model depth would represent a genuinely disruptive new coalition. For developers, the practical implications are not yet clear -- it remains unknown whether Cursor would remain an independent product, whether the SpaceX acquisition would close at $60 billion or if the partnership would stay at the $10 billion development tier, and what role Mistral would play if the three-way talks progress. The deal structure itself is unusual for technology transactions at this scale, offering SpaceX significant strategic flexibility. What is clear is that the developer tools segment of AI -- once seen as a relatively narrow productivity niche -- has become one of the highest-stakes battlegrounds in the entire technology industry. Cursor's rise from a two-year-old startup to a $60 billion acquisition target in under three years is extraordinary by any measure. And with SpaceX, xAI, and potentially Mistral now circling, the next chapter of that story is likely to be the most consequential yet. Also Read Mortgage Broker vs. Direct Lender: Which One Actually Saves You More Money in 2026?
OpenAI Briefs Governments On New Cyber AI Model Amid Anthropic Claude Rivalry
OpenAI met with 50 cyber defense practitioners across various federal agencies, state governments, and Five Eyes allies to unveil its new GPT-5.4-Cyber model. The artificial intelligence company held an event in D.C. on Tuesday to demo the capabilities of this new cyber model, which debuted as a tiered access program last week, Axios reported. The model will be deployed through a dual-track approach, with one version broadly accessible and equipped with strong safeguards, and a separate, more cyber-capable version reserved for defenders via the Trusted Access program. The pilot program was announced in February in an effort to "enhance baseline safeguards for all users while piloting trusted access for defensive acceleration." The model will also be available via an "intelligence-sharing partnership" that includes Australia, Canada, New Zealand, and the U.K., Axios noted. GPT-5.4-Cyber rivals Anthropic's Claude Mythos Preview, a model which is used to hunt and fix software flaws in an effort to "reshape" cybersecurity. Anthropic expanded access to Mythos to more than 40 additional organizations involved in critical software infrastructure, covering both proprietary and open-source code. This move comes as AI capabilities surrounding cybersecurity have reached a "tipping point." Government officials have recently raised concerns that artificial intelligence tools could be misused to disrupt critical infrastructure such as financial systems or power grids. Both OpenAI and Anthropic have engaged with government agencies (including defense and public-sector organizations) to deploy or evaluate AI systems in controlled settings, often with a focus on security, safety, and sensitive use cases. It was recently reported that the U.S. National Security Agency (NSA) is allegedly using Anthropic's restricted artificial intelligence model, Claude Mythos Preview, for cyber defense despite the Pentagon blacklisting the company by designating it a supply chain risk. Photo: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
