xAI's $10B Challenge to OpenAI, Cursor's AI Coding Leap, and Grammarly's Big Acquisition - Daily AI Brief #222

July 02, 2025 - Daily AI Brief
Hi there,

Welcome to today's AI Brief.

In today's edition, Cursor has made a significant move by hiring key personnel from Anthropic and launching an AI coding assistant for web and mobile. Meanwhile, xAI has secured $10 billion in funding to challenge OpenAI, and Grammarly has acquired Superhuman to expand its AI platform.

Additionally, Maersk has launched an AI-powered Trade & Tariff Studio, and Nvidia and Oracle are using AI to cut power use at their Phoenix data center. Baidu has introduced Ernie 4.5 as an open-source project, and Cloudflare has rolled out a 'Pay per Crawl' service for AI bots.

Top stories

Cursor Hires Key Personnel from Anthropic
Cursor, an AI-powered coding platform, has recruited Boris Cherny and Cat Wu from Anthropic to enhance its feature development. This follows a significant funding round for Cursor. Read more
xAI Secures $10 Billion to Challenge OpenAI
xAI has raised $10 billion in funding, divided between debt and equity, to bolster its infrastructure and develop its Grok chatbot, aiming to compete with OpenAI and Anthropic. Read more
Grammarly Acquires Superhuman to Expand AI Platform
On July 1, 2025, Grammarly announced its acquisition of the email tool Superhuman to enhance its AI-powered productivity suite. Financial details were not disclosed. Read more
Cursor Launches AI Coding Assistant for Web and Mobile
Cursor has announced the release of its AI coding assistant, Cursor Agent, which is now available for web and mobile platforms. The assistant offers features such as code writing, answering questions, and task execution, and integrates with Slack for enhanced collaboration. Read more

Other news

Maersk has launched an AI-powered platform to assist cargo owners with tariff management and compliance, while Nvidia and Oracle have collaborated with Emerald AI to cut power use at a Phoenix data center. Baidu has made its Ernie 4.5 language models open source, and Cloudflare introduced a 'Pay per Crawl' marketplace for AI bots. Additionally, NVIDIA and Intel have announced executive changes to strengthen their AI strategies, and BBVA has expanded its partnership with Google Cloud to enhance productivity.

We hope you enjoyed this article.

Consider subscribing to one of several newsletters we publish. For example, in the Daily AI Brief you can read the most up to date AI news round-up 6 days per week.

Also, consider following us on social media:

Subscribe to Daily AI Brief

Daily report covering major AI developments and industry news, with both top stories and complete market updates