DeepSeek secures $7.4 billion and SpaceX buys Cursor for $60 billion, Tanishq Mathew Abraham notes

DeepSeek secures $7.4 billion and SpaceX buys Cursor for $60 billion, Tanishq Mathew Abraham notes
AI sector sees billion-dollar deals

Tanishq Mathew Abraham highlights major capital flows in artificial intelligence. DeepSeek has raised $7.4 billion at a $50 billion valuation, and SpaceX has acquired Cursor for $60 billion. In addition, France is making a significant investment in AI, committing €655 million. Capital allocation in AI remains high according to the latest updates.

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