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- SpaceX partners with Cursor, with option to acquire for $60B or pay $10B
SpaceX partners with Cursor, with option to acquire for $60B or pay $10B
Bay Area Times
April 22, 2026
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Top stories today:
- SpaceX partners with Cursor, with option to acquire for $60B
- ChatGPT Images 2.0 debuts with “thinking”, improved text rendering
- Claude Mythos accessed by unauthorized Discord users since launch
- Anthropic outspends OpenAI in record Q1 lobbying push
- Google launches Deep Research, Deep Research Max AI agents
- Meta starts tracking U.S. staff activity for AI training
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. SpaceX partners with Cursor, with option to acquire for $60B or pay $10B
The deal comes as SpaceX prepares for an IPO to raise billions.
Cursor said limited compute access had “bottlenecked” its growth.
xAI’s infrastructure, including its AI supercomputer, will be made available to Cursor.
Feb.: SpaceX acquired xAI, folding Elon Musk’s AI startup into its operations.
Separately, SpaceX debt rose from $14B in 2024 to $23B in 2025, tied to a $4.5B AI equipment lease with Valor Equity, per its draft IPO prospectus.
Orbital AI data centers may lack commercial viability due to space-related risks, SpaceX has warned in a filing.
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3. ChatGPT Images 2.0 debuts with “thinking” and improved non-Latin text rendering
ChatGPT Images 2.0 topped Arena’s text-to-image leaderboard with a record margin, surpassing Google’s Nano Banana 2:
Available to all ChatGPT and Codex users, with a more powerful version for paid subscribers.
Shows stronger text rendering in languages like Japanese, Korean, Hindi and Bengali.
Comes in “Instant” and “Thinking” variants.
Supports up to 2K resolution across multiple aspect ratios.
GPT-5.5 is expected to be released this week or next
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5. Claude Mythos said to be accessed by unauthorized Discord users since launch
The group reportedly has regular access to Mythos, but not for cybersecurity use.
Anthropic announced Project Glasswing to limit Mythos access to select software providers.
CISA reportedly lacked access to Mythos Preview despite use by other agencies.
Anthropic said it briefed CISA ahead of launch.
Firefox fixed 271 vulnerabilities identified using Mythos Preview, Mozilla said.
Separately, Anthropic is testing removal of Claude Code from its Pro plan for ~2% of new prosumer signups
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