SpaceX completed its $60 billion acquisition of coding startup Cursor on Friday in an all-stock transaction. The deal was announced as an option in April as part of a partnership agreement that allowed Cursor to use SpaceX resources. The acquisition marks a significant move by SpaceX into the AI-powered developer tools space.

French startup Kog challenges the assumption that GPUs are poorly suited for agentic AI workflows. The company is developing deeper optimization techniques to extract more inference performance from GPU hardware. This work suggests that current GPU utilization for agent-based AI tasks may be suboptimal rather than fundamentally limited by hardware design.

Tarun Chhabra, Anthropic's head of national security policy and a former Biden administration official, is transitioning out of his current role. He will move into a new advisory position at the AI company focused on geopolitics and national security policy. The move reflects shifts in how Anthropic is structuring its policy and government relations work.

IBM has partnered with OpenAI to expand enterprise AI adoption, with plans to train and certify tens of thousands of consultants on OpenAI's technologies. The deal positions IBM to deepen its consulting services around generative AI for corporate clients. This move reflects intensifying competition among enterprise software vendors to build AI-native service capabilities.

Apple has developed a custom large language model for the Chinese market in partnership with Alibaba, marking a shift from its previous reliance on domestic Chinese AI solutions. The collaboration represents a rare cross-border tech partnership amid escalating US-China tensions. The move gives Apple greater control over its AI products in China's competitive smartphone market.

OpenAI has appointed Dali Rajic, president and chief operating officer of Alphabet-owned cybersecurity firm Wiz, as its new chief revenue officer. Rajic replaces Denise Dresser, who is departing to pursue other opportunities after a transition period. The move signals OpenAI's focus on scaling revenue operations as the company continues to expand its commercial offerings.