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AI & Enterprise
Cursor acquires open source coding assistant Continue
AI coding tool Cursor has acquired the open source coding assistant Continue. TheNewsStack reported on June 22 that the deal was signed alongside the timing of SpaceX\'s acquisition of Cursor for $60 billion, meaning Continue also moved under SpaceX. The terms were not disclosed. Existing Continue users can export data until July 15, after which it will be deleted. Continue is a Y Combinator alum and was offered as a VS Code extension, JetBrains plugin and CLI.
Crypto
XRP 27-dollar scenario hinges on clearing $1.66 then reclaiming $2
XRP has entered a zone where major technical signals overlap, raising the possibility of a move toward the $27 range over the medium to long term, an analysis showed. The scenario requires XRP to break above $1.66, the upper boundary of a falling wedge, and then reclaim $2. Analysts also cited Fibonacci-based targets of $8.48, $13.70, $18.06 and $27.68, while warning a failed breakout could reopen downside levels at $1.21, $0.90 and $0.60.
AI & Enterprise
Meta unveils Muse Spark AI model, eyes AI-native networks
Meta has unveiled its Muse Spark AI model, its first since hiring former Scale AI CEO Alexandr Wang nine months ago. The launch is being watched as a potential variable in an AI model market led by OpenAI, Google and Anthropic, alongside Chinese firms. The article also tracks moves around AI-native infrastructure and robotics foundation models, plus new products and funding across OpenAI, Anthropic and a range of tech companies.