AI startup Cursor selects London for European headquarters
AI startup Cursor will open a London hub and hire 200 staff. The firm reports $2.6 billion in revenue while SpaceX weighs a $60 billion buyout option today.
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AI coding startup Cursor will establish its European headquarters in London and hire 200 employees by the end of the year. The expansion follows an April agreement giving SpaceX an option to acquire Cursor for $60 billion or pay $10 billion for a partnership. This expansion occurs as demand grows for tools that automate software development.
