Musker's $60 billion for the programming portal Rewire News Morning
THE AI PROGRAMMING MARKET IS MOVING FROM A SINGLE TOOL COMPETITION TO AN ECOLOGICAL CONTROL COMPETITION
SpaceX bid $60 billion for Cursor, and Florida started a criminal investigation into ChatGPT. AI tools are becoming both strategic assets and legal targets。
One SpaceX spends 60 billion dollars on Cursor's options. Mask finishes the AI puzzle before IPO
SpaceX sent a $60 billion acquisition offer to the parent company of the AI programming tool Cursor, Anyshere. Cursor's annualized revenue has reached $2 billion and is the most profitable company in the AI programming track. The deal had not yet been reached, but the offer itself was a signal。
The timeline is noteworthy. Three weeks ago, XAI was merged with SpaceX, and Mask loaded the AI model capability into a rocket company. Now buy Cursor, it's the developer's entrance. Ben Thompson pointed out in Stratechery that this was not an AI purchase, but an eco-integration transaction for developers. Bloomberg reported on the same day that SpaceX liabilities had climbed to $23 billion, and that three major trades had accumulated financial pressures. On the same day, China's dark side of the moon seized the Kimi-Coder programming model, which was opened free of charge, and the AI programming market is moving from a single tool competition to an ecological control competition。
(Source: Reuters / Bloomberg / The Information / Stratechery / TechCrunch)
2 Tramp opposed in the morning and extended in the afternoon: the Iranian ceasefire was extended indefinitely and the blockade remained unchanged
14 ON THE DAY OF THE EXPIRATION OF THE CEASEFIRE AGREEMENT, THE CEASEFIRE WAS EXTENDED INDEFINITELY BY AN EXECUTIVE ORDER SIGNED BY TRUMP. HOWEVER, ONLY HOURS AGO, HE PUBLICLY OBJECTED TO THE EXTENSION. NPR REPORTS THAT DURING THE LAST THREE HOURS, THE VANCE TEAM CONVINCED TRUMP TO CHANGE HIS LANGUAGE, AND THAT THE DECISION-MAKING PROCESS WAS RARELY CONFUSED。
THE CEASEFIRE HAS BEEN EXTENDED AND THE BLOCKADE HAS NOT. THE STRAIT OF HORMUZ REMAINS CLOSED AND THE SEIZED IRANIAN CARGO SHIP HAS NOT BEEN RELEASED. THE FOUR-PHASE MEDIATION PROGRAMME PROPOSED BY PAKISTAN WAS FIRST EXPOSED, WITH THE CORE LOGIC OF A PHASED LIFTING OF THE BLOCKADE IN EXCHANGE FOR IRAN'S ACCEPTANCE OF VERIFICATION. THE MARKET'S RESPONSE TO THE EXTENSION OF THE CEASEFIRE WAS NOT A RELIEF, BUT A CONFIRMATION THAT THE BLOCKADE WOULD BE PROLONGED. ON THE SAME DAY, THE IMF IS EXPECTED TO REDUCE GLOBAL GDP GROWTH IN 2026 TO 2.4 PER CENT, THE LOWEST SINCE 2020, WITH ENERGY SHOCKS AS THE PRIMARY FACTOR. THE CEASEFIRE IS A PAUSE, NOT A SOLUTION. (CONTINUING YESTERDAY'S COVERAGE)
(Source: Axios / NPR / Al Jazeera / CNN / Fortune / IMF)
3|Meta starts recording staff mouse and keyboard operations for training AI Agent
Reuters uniquely reports that Meta has initiated within itself the Model Capitalization Initiative, requiring some staff to open screens and logs while working, and that data is used to train AI Agent who can perform internal workflows. Broomberg follows up that the project is privately referred to by employees as "training their replacement"。
Additional CNN reports indicate that the staff involved in the project were told that “it was voluntary”, but several staff members indicated that their refusal to participate could affect performance assessment. The timing of the project increased internal tensions following the 400,000 staff reductions in Meta last quarter. The question is not whether Meta can replace employees with AI, but rather that it is building alternatives using its own work data and needs staff cooperation。
(Source: Reuters / Bloomberg / CNN)
4-Florida initiated a criminal investigation into ChatGPT and AI entered criminal court for the first time
The Attorney General of Florida, Esmeral, issued a summons to OpenAI to hand over a log of the user dialogue related to the FSU shooting by 1 May. Fox 13 Tampa reported that law enforcement found ChatGPT conversations on suspects' mobile phones, involving proposals for weapons conversion. This is the first time that the U.S. has made AI chat records part of the chain of evidence in criminal cases。
The legal framework for investigations is key. It is not the law of product liability that Esmeralt invokes, but rather the "aid and abetment" provision of Florida criminal law. If this road passes, AI is not facing civil damages, but criminal charges. CBS News points out that the content review log of OpenAI will become the core evidence, and the question becomes when the AI model has changed from "information" to "assistance in crime"。
(Source: Reuters / Fox 13 Tampa / CBS News)
5 | Mythos Five Sides a day: repair bug, target, go into the Pentagon, and a model plays five roles
The Anthropic Mythos model appears in five completely different contexts within 24 hours. Mozilla used it to fix 271 Firefox holes, the first public example of Mythos as a tool for developers. In his speech at Stanford, Ottman named Anthropic "selling products with fear." The Information reported that CISA (Federal Cybersecurity Agency) was locked away from Mythos security assessment and could not audit the most controversial model. Bloomberg states that Trump is considering allowing the Pentagon to purchase Mythos. VentureBeat's independent benchmark test shows Mythos surpassing GPT-5 and Gemini Ultra in financial modelling。
FIVE PIECES OF NEWS ARE CO-MINGLED: AN AI MODEL IS SIMULTANEOUSLY A PRODUCTIVITY TOOL, MARKETING WEAPONS, REGULATORY BLIND ZONES, MILITARY OPTIONS AND INDUSTRY POLES. NONE OF THE SOFTWARE PRODUCTS ARE AT THE SAME TIME CONTROVERSIAL ON SO MANY DIMENSIONS IN THIS TIME WINDOW AFTER PUBLICATION。
(Source: Bloomberg / Axios / The Information / Venture Beat / Reuters)
And it's worth knowing, Zoo
Adobe announced $25 billion in stock buybacks, and stock prices have fallen by 30 per cent this year. AI Defence action after narrative lapse. Microsoft is also increasing its buy-back over the same period, and large software companies are applying capital flow back to the valuation pressures of AI transition. (Source: Reuters / CNBC)
The Attorney General of the State of New York indicted Coinbase and Gemini, accusing the forecast market of illegal gambling. Martin Act, cited as the strongest financial regulation law in New York. Polymarket faces the first state-level judicial challenge to its legitimacy. (Source: CoinDesk / NY AG)
In Japan, 80% of institutional investors plan to deploy encrypted assets within three years. Nomura survey, covering 300 institutions. Japan is moving from bulk ownership to institutional entry, and the weighting structure of the Asian encryption market is changing. (Source: CoinDesk)
The Dark Side of the Moon in China is distributing the Kimi-Coder programming model, which is open free of charge. On the same day, SpaceX acquired Cursor, China ' s AI programming tool acceleration slot. Price wars and ecological wars struck on the same day. (Source: TechCrunch / 36 krypton/ quantum bits)
Core Scientific issued $3.3 billion in revolving debt, from mining in Bitcoin to the AI data centre. This is the largest single financing for the transformation of mining infrastructure to the capital of computing, with the signal that the company believes that AI is more profitable than mining. (Source: Fortune)
Morgan Chase upgrades 500 to 7600 year-end targets, and AI capital expenditure is a core driver. For the first time, Wall Street's largest line listed AI Capex as the primary reason for raising the index target rather than traditional consumption or employment data. (Source: CNBC)
