alt Hacker NewsIt sort of implies the $10B is going to be paid with compute credits. So this could very well be xAI simply compensating Cursor by giving them $10 billion worth of tokens. (What’s a token worth in dollars these days?)
It sort of implies the $10B is going to be paid with compute credits. So this could very well be xAI simply compensating Cursor by giving them $10 billion worth of tokens. (What’s a token worth in dollars these days?)
That’s indeed the trick. Spacex “invests” in Cursor, looks good on their balance sheet.
And xAI now gets 10B of more revenue on their income statement.
Perfect financial statement boosting for the IPO which in turn will pay back these costs.
At least that’s the bet.