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1 mentions in 7 days · 6 in 30 days · 6 total · first seen · last

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Besxar is building an orbital semiconductor factory, one SpaceX rocket at a time

Besxar, founded by a former OpenAI staffer, raised ~$14M to prototype semiconductor manufacturing in orbit using SpaceX Falcon 9 booster flights.

Besxar, founded by former OpenAI staffer Ashley Pilipiszyn, raised almost $14 million, including a $9 million seed led by Dauntless Ventures and Overture VC, to build orbital semiconductor fabrication. Its first two "fabship" canisters flew on a July Starlink mission and returned wafer samples cleaner than comparable terrestrial wafers. The company plans to iterate over two years with a dozen Falcon 9 booster flights before flying larger fabs on Starship, targeting wafers for power-regulation chips used in data centers, robots, and electric vehicles.

TechCrunch · AI · 6d agoAI industry

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Cognition, maker of Devin, raised $2 billion at a $48 billion valuation led by a16z, Accel, and Founders Fund, with revenue at $900M annualized.

Cognition raised $2 billion at a $48 billion valuation, four months after a $26 billion round, led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst, and Avenir. Its annualized run-rate revenue grew from $492 million to $900 million since May, with projected $4-5 billion by end of 2026, while compute costs could push 2026 burn to $800 million. The startup, founded by Scott Wu, counts Mercedes-Benz, NASA, Goldman Sachs, and Citi as customers and is training its own model to cut reliance on OpenAI and Anthropic.

TechCrunch · AI · 7d agoAI industry

Nobody Is Saying Why OpenAI and Anthropic Had Outages Today

OpenAI, Anthropic, and xAI chatbots suffered brief simultaneous outages; OpenAI cited a routing error and SpaceX a Memphis compute center outage.

ChatGPT and Codex were unavailable to some users from about 7:43 to 8:17 am PT Thursday due to a routing error, per OpenAI. Anthropic reported a partial outage with elevated errors on Claude Mythos 5.1, Claude Fable 5.1, and Claude Opus 5, resolved by 9:16 am PT, while declining to explain the cause. xAI attributed the Grok outage starting 6:30 am PT to an outage at SpaceX's Memphis compute center; no shared third-party infrastructure cause was confirmed despite Cloudflare, AWS, and Azure reporting no issues.

WIRED · Security · 12d agoAI industry1

[AINews] OpenAI shuts off Cursor

OpenAI cut off API access to coding tool Cursor after its SpaceX acquisition, citing contract violations by Elon Musk's companies.

OpenAI disabled Cursor's access following the closing of Cursor's acquisition by SpaceX, citing its experience with Elon Musk's companies violating contracts; Cursor responded that OpenAI accounts for only 5% of its traffic. The weekly digest also covers major open-weight releases: Z.ai's GLM-5.3 (744B total/40B active, 1M context) and Tencent's Hy4-preview (770B/49B, ~#5 on Code Arena WebDev), plus Alibaba's Qwen3.8-Flash (125B/6B). vLLM published benchmarks showing no universal winner among speculative decoding methods across model families.

Latent Space · 17d agoAI industry

Threat Actors Abuse Cursor Agent AI to Assist Ransomware Operations

Aurora ransomware operators are using SpaceX-owned Cursor's AI agent to perform reconnaissance and exploitation tasks during intrusions.

The Aurora ransomware group is abusing the Cursor Agent AI coding tool to automate reconnaissance and exploitation activities during its operations. This marks a notable case of criminals weaponizing an AI coding agent inside their attack workflow. Cursor was recently acquired by SpaceX, drawing extra attention to the tool's abuse.

Infosecurity Magazine · 18d agoRansomware in the wild

Our decision on Cursor following its acquisition by SpaceX

OpenAI is winding down its contract supplying models to Cursor after Cursor's acquisition by SpaceX.

OpenAI announced it will wind down the contract that provides OpenAI models to the Cursor coding tool. The decision follows Cursor's acquisition by SpaceX. Developers relying on OpenAI models inside Cursor will need alternatives as the contract ends.

OpenAI News · 18d agoAI industry