Trump Bans Anthropic Models, SpaceX Buys Cursor

The Trump administration banned Anthropic's latest AI models for foreign use, forcing the company to shut down access entirely in a sudden reversal of its recent momentum. Meanwhile, SpaceX moved swiftly to acquire AI coding startup Cursor for $60 billion using proceeds from its IPO. Databricks dominated its annual Data + AI Summit, unveiling Genie One, an agentic coworker it positions as the future system of record for enterprises. Other major moves included Salesforce acquiring customer service startup Fin for $3.6 billion and Nvidia raising $20 billion in debt amid stretched AI infrastructure spending.