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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

Latest News

14 articles
Industry

SpaceX Acquires AI Coding Tool Cursor for $60 Billion

SpaceX acquired Cursor, an AI-native code editor developed by Anysphere, for $60 billion in an all-stock deal shortly after its IPO. The tool, created by four MIT students, helps developers write, debug, and refactor software. The acquisition gives SpaceXAI and Grok Build a distribution channel to millions of professional developers, leveraging Cursor's integration into expert workflows and SpaceX's Colossus supercomputer for AI model training.

Jul 264 minNeura News
Industry

Cognition Acquires Poke to Give Devin Coding Agent a Personality

Cognition, the startup behind AI coding assistant Devin, has acquired Poke, an AI assistant known for its friendly, conversational style. The deal, valued in the low nine figures, aims to bring Poke's personality-driven interaction model to Devin, making the coding agent feel more like a colleague than a tool. Poke will also benefit from Cognition's models and infrastructure to become faster and more reliable.

Jul 243 minNeura News
Industry

Developers Refuse to Work Without AI, Studies Question Gains

Developers are increasingly unwilling to work without AI coding tools, but research from METR, Singapore Management University, and others suggests AI may not boost productivity and could increase long-term maintenance costs. Tokenmaxxing trends have led to budget blowouts at Amazon and Uber, while self-reported gains conflict with data showing higher defect rates and maintenance burdens. Experts recommend humans retain oversight on architecture and security.

May 294 minNeura News