AI M&A Frenzy Intensifies

SpaceX officially closes $60B acquisition of Cursor, the largest startup acquisition ever. Anthropic is in talks to acquire Israeli chip optimization startup Decart for $6B. Databricks raises $5B at $190B valuation. Stripe nears $7B+ deal to acquire OpenRouter, an AI routing layer. The pace of AI consolidation is unprecedented, with capital flowing to both infrastructure and downstream AIGC.