Betting on Cursor & Collaborating in AI 6/18/26

Squawk Pod

CNBC

Investing, Business, Business News, News

4.2 • 547 Ratings

🗓️ 18 June 2026

⏱️ 35 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

SpaceX will be acquiring AI coding startup Cursor for $60 billion. AI venture capitalist Michael Fertik was that company’s first investor, and he explains why a software vibe coding company is a good match for Elon Musk’s AI ambitions. Victor Riparbelli, CEO of AI video platform Synthesia, was at the AI working lunch at the G7 in France, in the room with Sam Altman, Dario Amodei, Demis Hassabis, Marc Benioff, and world leaders including President Trump. Riparbelli discusses the group’s effort to collaborate on AI guardrails, while maintaining the pace of innovation. The U.S. and Iran have signed the Memorandum of Understanding to end the war in Iran, but CNBC’s Eamon Javers indicates that there are more negotiations still to come. Plus, CNBC’s Steve Liesman reports on Kevin Warsh’s first meeting as Federal Reserve Chairman. Steve Liesman 4:06 Eamon Javers 11:28 Victor Riparbelli 18:26 Michael Fertik 28:13 In this episode: Joe Kernen, @JoeSquawk Steve Liesman, @steveliesman Eamon Javers, @eamonjavers Kelly Evans, @KellyCNBC Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:02.5	Hi, I'm CNBC producer Katie Kramer.
0:06.7	Today on Squawk Pod.
0:08.7	A new era at the Federal Reserve on the first decision day of President Trump's handpicked chairman, Kevin Warsh, the central bank is keeping rates unchanged.
0:19.0	Our Steve Leesman.
0:20.0	He's got a lot of confidence in his program and his plan and his ideas.
0:24.0	And both the U.S. and Iran have signed an agreement to end the war.
0:29.1	But there's still a long road of negotiations ahead.
0:32.0	One item, Iran's wish to toll ships passing through the Strait of Hormuz.
0:36.8	CNBC's AymN JAVERS.
0:38.5	Can the Gulf countries prevent something without military force that the United States was
0:43.2	unable to prevent with military force?
0:45.9	Then AI executives joined world leaders at the G7 for a working lunch this week.
0:51.4	One exec who joined OpenAI's Sam Altman and Anthropics Dario Amode,
0:56.0	among others, joined us, Synthesia CEO Victor Ripperbelly.
0:59.9	My sense from the room is that, you know, countries want to work together. We want to work
1:05.0	with other democracies to set the right guard world for this technology, but also make sure
1:09.4	we don't get in the way of innovation right.
1:11.9	Plus, the fast pace of innovation.
1:14.3	Venture capitalist Michael Ferdick bet on software coding startup cursor.
1:18.7	The company SpaceX is acquiring for $60 billion.
1:21.6	By now, vibe coding is almost old news.
	...

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