Oracle Corporation remains a Buy as surging cloud AI infrastructure demand drives a record $553B backlog and robust revenue growth. ORCL's cloud revenue now exceeds 52% of total revenue, with cloud ...

Elon Musk is ramping up efforts to compete with AI giants Anthropic and OpenAI. Musk's AI startup, xAI, has held discussions in recent weeks with Mistral and AI coding startup Cursor about a potential ...

SAN FRANCISCO — SpaceX says it has the rights to buy artificial intelligence coding tool Cursor for $60 billion later this year as Elon Musk’s space exploration and AI company looks for ways to ...

Anthropic and OpenAI have emphasized AI coding tools, and now Elon Musk's SpaceX is looking to bulk up its efforts in this buzzy area Cursor CEO Michael Truell says the new SpaceX collaboration is a ...

SpaceX said it has struck a deal with Cursor to develop a next-generation “coding and knowledge work AI,” which includes a surprising provision — an option to buy the popular software development ...

The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public. By Erin Griffith Mike Isaac and Ryan Mac Erin ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

Cursor, a San Francisco AI coding platform from startup Anysphere valued at $29.3 billion, has launched Composer 2, a new fine-tuned variant of Chinese open source model Kimi K2.5 now available inside ...

As agentic coding spreads, the working life of a software engineer has become dazzlingly complex. A single engineer might oversee dozens of coding agents at once, launching and guiding different ...

Oracle (NYSE:ORCL | ORCL Price Prediction) looked set to be the newest addition to the $1 trillion club just a few months back in September, where its valuation topped $877 billion. Things have only ...

Cursor announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation. The startup built a popular AI coding tool that helps software developers generate, edit and review ...