OpenAI announced it will cut Cursor’s direct access to its models in November, citing prior contract-related issues involving Elon Musk’s companies. The change is tied to a November access cutoff and follows SpaceX’s $60 billion Cursor acquisition closing. Anthropic, instead of cutting Cursor, publicly reaffirmed its “trusted partner” stance and said it will keep increasing compute for Claude models in Cursor, highlighting its continued dependence on SpaceX compute.
Nvidia reported quarterly results above expectations and used the earnings beat to announce or reinforce deals spanning AI infrastructure, including an acquisition of Hugging Face. The acquisition is valued at $12.9 billion. The article says this shifts the AI build-out from hardware buying toward execution across networking, distributed inference, and security implications.
European tech funding recap tracked 35+ European tech financing deals alongside 5+ exits and M&A activity. The biggest single industry total was space at €160.9 million, with artificial intelligence also totaling €81.2 million. The figures are now bundled into Tech.eu’s Funding Explorer with sector, country, and company-level breakdowns and profiles updated for the week.
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