The Globe and Mail reports in its Wednesday edition that SpaceX is buying the start-up behind the artificial-intelligence coding agent Cursor, Anysphere Inc., for $60-billion in an all-stock deal to boost its presence in the enterprise AI tools market (all figures U.S.). A Reuters dispatch to The Globe says Tuesday's deal follows the Nasdaq debut for the rockets-to-AI-to-social-media company last week, in which its valuation surged to more than $2-trillion. The acquisition will give xAI, which was acquired by SpaceX in February, a stronger hold in AI coding, one of the first areas where companies have turned AI into a real source of revenue. Capitalizing on that interest is crucial for SpaceX as it had pitched its initial public offering investors an addressable market worth $28.5-trillion, the theoretical maximum revenue it could capture, of which a big share is expected to come from AI for businesses. Cursor is one of several Silicon Valley start-ups that have drawn waves of developers by using AI to automate coding, making it a key rival to market leaders Anthropic and OpenAI. However, lack of access to computing power has hampered Cursor's growth. Cursor could help improve SpaceX's AI models such as Grok.