India’s IVCA and South Korea’s KVCA have signed an MoU to deepen cooperation in venture capital, private equity, and alternative investments, aiming to boost cross-border startup funding, policy engagement, and research collaboration as bilateral trade moves toward a $50 billion target by 2030.

SpaceX, fresh off its June 12 IPO, has completed a $60 billion acquisition of AI coding startup Cursor after earlier partnering via a “buy-or-partner” deal with Anysphere, underscoring its view of AI as a $26 trillion opportunity and positioning Cursor as central to its long-term technology strategy.