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OpenAI Cut Off a Billion-Dollar Customer to Avoid Elon Musk
Source: WIRED
Artificial IntelligenceM&A & RestructuringCompany Fundamentals
OpenAI estimated its Cursor partnership could generate more than $1B in annual revenue, but the deal was dropped after Elon Musk’s SpaceX acquired the AI coding startup. The walk-away despite the upside points to deal risk and shifting commercial strategy rather than a near-term earnings swing for either party.
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