Coding

• OpenAI launched GPT-5.5, a powerful new model optimized for coding, research, data analysis, computer use, and complex workloads requiring minimal guidance. • The upgrade handles messier, real-world tasks with greater autonomy across multiple tools, reducing the need for extensive prompting. • This release intensifies competition in AI capabilities, targeting professional users in software development and scientific research.

• SpaceX secured an option to purchase AI coding startup Cursor for $60 billion USD, signaling aggressive expansion into artificial intelligence development tools. • The acquisition option reflects Cursor's prominence in AI-assisted software development, a rapidly consolidating market attracting major technology conglomerates. • The deal underscores SpaceX's strategic pivot toward internal AI capabilities to accelerate software development for space exploration and satellite internet infrastructure.

• Factory, a three-year-old startup, raised $150 million led by Khosla Ventures, achieving a $1.5 billion valuation on April 17, 2026. • The funding targets AI coding tools that automate software development for enterprises, freeing developers for complex tasks. • This round reflects booming investor interest in AI automation amid US tech sector's push for efficiency.