This is funny to me, because I told my wife just before the IPO that one of the first things they would do would probably be to buy an AI company. Because XAI is shit and probably just about worthless. But with the IPO they would get the money to buy something.
But Cursor looks like a pretty week addition, just 1½ year ago cursor was bid up to $ 2.5 billion, up from a seed capital 2 years earlier of only $8 million!
SpaceX paying $60 billion now seems insane, and it reeks of a bad deal, entering at just the wrong time.
In April 2025, an AI help-desk program named “Sam” invented a non-existent login policy, triggering user cancellations before staff intervened and issued refunds.
So even within a relatively limited scope of operation, their AI manged to hallucinate so thoroughly it disrupted normal operation!!
This is funny to me, because I told my wife just before the IPO that one of the first things they would do would probably be to buy an AI company. Because XAI is shit and probably just about worthless. But with the IPO they would get the money to buy something.
But Cursor looks like a pretty week addition, just 1½ year ago cursor was bid up to $ 2.5 billion, up from a seed capital 2 years earlier of only $8 million!
SpaceX paying $60 billion now seems insane, and it reeks of a bad deal, entering at just the wrong time.
https://en.wikipedia.org/wiki/Cursor_(company)
So even within a relatively limited scope of operation, their AI manged to hallucinate so thoroughly it disrupted normal operation!!