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Saturday, 29 August 2026
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OpenAI says it plans to stop providing its models to Cursor

OpenAI says it plans to stop providing its models to Cursor from November 12, as "we cannot be confident that SpaceX will use our technology within our ToS"

TL;DROpenAI cutting off AI model access to Cursor, citing SpaceX terms-of-service concerns.

Why it matters: Signals escalating tensions between AI labs and major tech companies over model usage restrictions.

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4h

Shares of French quantum computing company Pasqal closed up 95%

French quantum startup Pasqal jumped 95% on Nasdaq after SPAC merger debut.

3h

Andreessen Horowitz raises $1.1 Billion for AI Hardware Fund

2

a16z is betting $1.1B on AI chip and infrastructure startups.

32m

Canada Commits CAD $195M ($140.2 M USD)

Canada invested $140M in Xanadu's new quantum computing manufacturing facility.

1h

CXMT sues Pentagon over its Chinese military company designation, saying it

Chinese chipmaker sues Pentagon over military blacklist designation it disputes.

1h

OpenAI to End Partnership With Cursor

OpenAI ending Cursor partnership following SpaceX acquisition of the coding tool.

2h

Metriport, whose tools help doctors retrieve patient data, raised $26M

Healthcare data startup Metriport raised $26M, bringing total funding to $28.4M.

3h

Affirm CEO: American Consumers Are Healthy

Affirm reports record profits and strong revenue outlook as buy-now-pay-later demand stays solid.

3h

Kalshi Court Setback raises Prospect of Supreme Court Fight

Federal court ruled states can regulate prediction markets, likely pushing Kalshi toward Supreme Court.

3h

Even the local pop-punk band is dissing Flock.

A local band joked about destroying Flock traffic cameras at their show.

4h

Chinese automakers are following Tesla’s bet

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