Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Elon Musk's xAI shifts to the role of "cloud provider," opening tens of thousands of GPU computing power to AI programming unicorn Cursor
ME News, April 17 (UTC+8). According to Beating monitoring, xAI plans to provide large-scale computing power support to the AI programming startup Cursor, enabling it to train the latest programming model Composer 2.5 on xAI’s infrastructure. According to Business Insider, Cursor will use tens of thousands of GPUs from xAI’s “Colossus” data center.
This arrangement marks a major strategic shift for xAI: by leasing out redundant computing power, xAI is expanding from a pure model R&D company into the role of a cloud service provider, similar to AWS and CoreWeave.
The background of this cooperation is complex. Earlier this March, xAI just poached two product engineering leads from Cursor to run its product team. In addition, an internal memo at xAI shows that its current GPU utilization rate (MFU) is only 11%, far below the industry average of 35% to 45%. xAI President Michael Nicolls has asked the team to raise utilization to 50% within the next few months. Opening up computing power to external unicorns not only helps share the costly data center operating expenses, but also allows xAI to obtain valuable engineering feedback by providing top-tier programming agent services.
Currently, Cursor is in funding negotiations at a valuation of $50 billion. Against the backdrop of OpenAI and Anthropic aggressively moving into the programming assistant track, tying its competitive advantage to xAI’s computing resources has become a key factor.
(Source: BlockBeats)