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SpaceX Acquires Cursor Maker Anysphere for $60 Billion

Elon Musk’s SpaceX has acquired Anysphere, the company behind AI coding platform Cursor, in a $60 billion all-stock deal, bringing 25-year-old Indian-origin co-founder Aman Sanger into the global spotlight.

Published By Share Gyan
SpaceX Acquires Cursor Maker Anysphere for $60 Billion

Founded in 2022 by Aman Sanger and three MIT classmates, Anysphere developed Cursor, an AI coding platform that helps developers write, edit and debug software using natural-language instructions. Cursor quickly gained popularity among developers and major companies as demand for AI-powered programming increased. The August 2026 acquisition made Anysphere a wholly owned subsidiary of SpaceX. Before the deal, Cursor had already partnered with SpaceX for AI training and access to its computing infrastructure. For Sanger, who became interested in computers at 14 and later studied computer science at MIT, the deal marks a remarkable journey from learning to code as a teenager to co-founding a $60 billion company acquisition just four years after Anysphere was established. The acquisition also strengthens SpaceX’s expanding focus on AI and computing, while highlighting the growing shift toward AI systems capable of handling complex software development tasks.

Maya Khola Hydropower's Net Profit Surges 124.52% to Rs 6.38 Crore in Q1

Maya Khola Hydropower Company Limited (MKHC) has reported a 124.52 percent increase in net profit, earning Rs 6.38 crore in the first quarter of FY 2083/84, compared to Rs 2.84 crore in the same period last year. Higher electricity sales revenue and lower interest expenses supported the company's improved profitability.

Khani Khola Hydropower Turns Profitable, Reports Rs 3.65 Crore Net Profit in Q1

Khani Khola Hydropower Company Limited (KKHC) has made a remarkable financial turnaround, reporting a net profit of Rs 3.65 crore in the first quarter of FY 2083/84, compared to a net loss of Rs 1.89 crore in the same period last year.

Kalinchowk Darshan Reports Higher Quarterly Loss as Flood Disrupts Tourism

Kalinchowk Darshan Limited (KDL) reported a net loss of Rs 4.596 million in the first quarter of FY 2083/84, up from Rs 3.386 million in the same period last year. The decline was largely attributed to the devastating Bhotekoshi floods, which disrupted road access and reduced tourist arrivals.

Gold Price Edges Up by Rs 600, Silver Declines in Nepali Market

Gold prices in Nepal increased by Rs 600 per tola on Wednesday, reaching Rs 275,600, while silver prices dropped by Rs 20 to Rs 3,655 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.

Gold Price Rises by Rs 700, Silver Declines by Rs 45 in Nepal

Gold prices increased slightly in the Nepali market on Tuesday, while silver prices recorded a decline, according to the Federation of Nepal Gold and Silver Dealers' Association.

Makar Jitumaya Suri Hydropower Proposes 13.6842% Dividend for FY 2082/83

Makar Jitumaya Suri Hydropower Limited has proposed a 13.6842% dividend for its shareholders for FY 2082/83, comprising 13% bonus shares and 0.6842% cash dividend to cover tax obligations.