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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 concerns about SpaceX's terms-of-service compliance.

Why it matters: Developer tools losing OpenAI access signals stricter API enforcement and potential friction between major tech companies.

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3h

Shares of French quantum computing company Pasqal closed up 95%

French quantum computing startup Pasqal doubled in value on its first trading day via SPAC merger.

3h

Andreessen Horowitz raises $1.1 Billion for AI Hardware Fund

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Andreessen Horowitz raised $1.1B to invest in AI chip and infrastructure companies.

17m

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

Canada funds quantum computing startup Xanadu with $140M for a manufacturing facility.

54m

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

Chinese chipmaker CXMT challenges U.S. military blacklist, denies ties to Chinese armed forces.

57m

OpenAI to End Partnership With Cursor

OpenAI is dropping its partnership with Cursor now that SpaceX owns it.

2h

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

Metriport raised $26M to help doctors access patient medical records faster.

3h

Affirm CEO: American Consumers Are Healthy

Affirm reports record profits and strong revenue outlook, signaling consumer spending resilience.

3h

Kalshi Court Setback raises Prospect of Supreme Court Fight

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

3h

Even the local pop-punk band is dissing Flock.

A pop-punk band publicly mocked Flock surveillance cameras at a concert.

3h

Chinese automakers are following Tesla’s bet

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