News linked to both this project and an event.
Michael Truell, co-founder of Cursor, stated that OpenAI issued a notice saying it plans to block Cursor users from accessing OpenAI models in three months. Truell noted that OpenAI models account for approximately 5% of Cursor's user traffic, and Cursor is communicating with the OpenAI team to seek a solution. He also added that Cursor was one of OpenAI's earliest users, both parties have maintained close cooperation over the years, and they have consistently regarded the OpenAI platform as neutral infrastructure.
OpenAI stated that it plans to end its partnership with Cursor following its acquisition by SpaceX. Under OpenAI's plan, Cursor's direct access to OpenAI models will be terminated on November 12. OpenAI noted that developers relying on OpenAI models within Cursor will be the most affected, and stated that it will provide support during the transition period.
Odaily News, Coinbase stated on the X platform that the financial layer emerging around AI agents is called agentic finance, namely AiFi, covering agent transactions and agent commerce. AI agents can research information, make decisions, and execute actions on behalf of individuals and businesses, while also needing to perform fundamental financial activities such as making payments, receiving funds, storing value, and transferring money. Coinbase stated that it is building tools for AI agents to enable them to continuously execute financial operations within preset goals, permissions, limits, and security boundaries.Coinbase stated that Coinbase Advisor, Coinbase for Agents, x402, and Coinbase Business have formed the AiFi infrastructure. Coinbase Advisor is an SEC-registered investment advisor integrated into the app for Coinbase One users, providing portfolio analysis and guidance through a chat interface. Coinbase for Agents connects tools such as Claude, ChatGPT, and Cursor to Coinbase accounts via MCP, allowing users to set operating conditions and security boundaries for agents, as well as create separate sandbox accounts for agent use.Coinbase stated that x402 is an open payment standard initiated by Coinbase and now managed by an independent foundation, supporting AI agents in paying fees to other agents, applications, and services. To date, x402 has processed over 205 million transactions with a volume of $53 million, covering 200,000 sellers, with Coinbase facilitating 67% of this activity. Individual payments can be used for API calls, datasets, research materials, or computing resources.Coinbase stated that Coinbase Business supports enterprises in natively receiving USDC payments from AI agents, while Coinbiz helps merchants sell services and content to software without relying on card credentials, manual invoicing, or payment processes designed around human customers. Eligible businesses can earn a floating 3.35% reward on idle USDC balances. USDC currently accounts for 99% of on-chain agent commerce transactions, x402 accounts for 97% of agent finance protocol usage, and the related activities run on Base.
Developers have discovered two early-access Claude models from Anthropic, codenamed claude-marshmallow-eap and claude-melon-eap.According to tester feedback, Marshmallow performs better overall than Melon, but neither has yet reached the level of Fable 5. Another tester noted that Marshmallow's conversation experience surpasses that of Opus 5.Previously, Anthropic has repeatedly seen early models named in the "food name + EAP" format. In early July, Claude Honeycomb EAP briefly appeared in Cursor before being removed; on July 24, Anthropic officially released Opus 5, but the company has never confirmed a direct correspondence between Honeycomb and Opus 5.
According to Cursor's official announcement, its code hosting platform Origin officially launched on August 18, enabling users to sync code repositories directly from GitHub and featuring deep integration with Cursor. It has currently integrated with mainstream GitHub ecosystem partners such as Vercel, Buildkite, and Depot. More integration services will be introduced successively, and the Beta version has begun rolling out to users.
It was previously reported that Grok 4.6 went live. Latest benchmark information shows Grok 4.6 ranks first in three benchmarks: GDPVal-AA v2, AA-Briefcase, and Harvey LAB, and second in four benchmarks: CursorBench, FrontierCode, APEX-Agents, and APEX-SWE. The specific scores are GDPVal-AA v2 1753, AA-Briefcase 1577, Harvey LAB 15.8%, CursorBench 69.9%, FrontierCode 61.3%, APEX-Agents 57.5%, and APEX-SWE 56.4% respectively. It surpasses Grok 4.5 High in every listed benchmark and ties with GPT-5.6 Sol Max at 61 points on the Artificial Analysis Intelligence Index. Grok 4.6 is available in Cursor and Grok Build starting today, with usage doubling in the first week.
According to The Information, Cursor informed employees that the transaction regarding its sale to SpaceX could be completed as early as next week, with a transaction size of approximately $60 billion. After the transaction is completed, Cursor employees will be merged into the SpaceX AI team. Meanwhile, the Cursor brand may no longer be used for certain new products in the future, including an upcoming general agent product, which may be launched under the name Grok Bot.
Odaily News: MetaMask on Thursday launched the self-custodial wallet Agent Wallet, which allows AI agents to execute on-chain transactions within user-defined limits. It targets traders and developers who use AI agents to monitor markets, identify opportunities, and execute trades autonomously. Users can set spending limits, approve specific protocols, choose risk settings, and select between Guard Mode and Beast Mode for different levels of automation. Agent Wallet supports Claude Code, Codex, Cursor, OpenClaw, Hermes, OpenCode, as well as Hyperliquid and Ethereum Virtual Machine-compatible networks. Agent Wallet supports gas abstraction, allowing users to pay network fees using the asset being transferred, without needing to hold the network's native token. MetaMask stated that supported transactions will undergo transaction simulation, threat scanning, and smart transaction MEV protection. Eligible transactions that still incur losses after passing security checks may be covered by Transaction Protection of up to $10,000 per month.
Odaily News AMD, the semiconductor giant, announced the launch of its enterprise-grade AI programming platform, AMD Instinct Coder. The platform combines AMD chips, Supermicro servers, and Spectro Cloud software, aiming to help enterprises deploy AI coding assistants locally, reduce the cost of cloud-based AI models, and protect code and data security.AMD stated that Instinct Coder is an "out-of-the-box" end-to-end AI development platform, integrating AMD EPYC processors, AMD Instinct GPUs, Supermicro AI servers, Spectro Cloud PaletteAI Inference Launchpad software, and the AMD-optimized GLM-5.2 model. It can be used for software development scenarios such as code generation, application modernization, automated testing, and code review.AMD said that compared to relying on cutting-edge cloud-based AI models, Instinct Coder can help enterprises reduce total cost of ownership (TCO) by up to 70%, with the fastest payback period shortened to 6 months.AMD noted that more and more enterprises are looking to leverage AI to improve development efficiency, but face two major challenges: on one hand, the cost of invoking top-tier cloud models continues to rise; on the other hand, entrusting enterprise source code, intellectual property, and sensitive data to third-party services poses security and compliance risks.Through a local deployment model, Instinct Coder allows enterprises to maintain control over their data and code while providing more predictable infrastructure costs. The platform supports development tools such as Claude Code, OpenAI Codex, Visual Studio Code, and Cursor, with each node supporting up to 50 users (30 concurrent users).Additionally, the PaletteAI Inference Launchpad provided by Spectro Cloud enables AI workload management, model routing, request auditing, and cost monitoring, and supports invoking external models such as Anthropic, OpenAI, Google, or xAI when needed.AMD stated that Instinct Coder aims to help enterprises break free from the high costs of cloud-based AI services, accelerate AI-driven software development processes while ensuring data security and autonomous control.
SpaceX CFO Bret Johnsen disclosed during this morning’s earnings call: "In the first few weeks of Q3, we have already signed an additional $6.7 billion in cloud service contract revenue (over a 6-month term, gradually ramping up starting this October). We believe that, including contributions from Cursor and based on our expected revenue for December this year, this will bring us to $100 billion in ARR (annual recurring revenue) by the end of the year."
Moonshot AI's Kimi K3 model has launched on the Cursor code editor. Some users stated on social media that Cursor's model selection vision and product experience perform the best among all current AI Agents. Kimi K3 was previously released on July 28, with officials stating that it narrowed the gap between open-source and closed-source models to 4 points across multiple benchmark tests. Cursor is a code editing tool integrated with AI capabilities, and this integration of Kimi K3 provides developers with new model options.
AI infrastructure startup Fireworks AI has announced the completion of a $1.5 billion financing round, valuing the company at $17.5 billion. The company, previously backed by NVIDIA, primarily provides developers with cloud-based services for running open-source AI models, helping enterprises deploy AI applications at lower costs. This funding round was led by Atreides Management, Index Ventures, and TCV, with participation from NVIDIA, Evantic, and Lightspeed Venture Partners, among others. Currently, Fireworks processes approximately 40 trillion AI tokens daily. Its clients include companies such as Elastic, GitLab, and MongoDB. Previously, over half of its revenue came from the AI coding tool Cursor, but its client base has since become more diversified. (CNBC)
According to Reuters citing The Information, SpaceXAI and Cursor plan to release their first jointly developed artificial intelligence model as early as Wednesday. The model was originally scheduled for launch early this week but was delayed for efficiency optimization. The report noted that the new model is expected to possess strong rapid information processing capabilities, with some performance aspects potentially competitive with Anthropic's Opus 4.8 and OpenAI's GPT 5.5.
BNB Chain has announced the official mainnet launch of its AI Agent development platform, BNB Agent Studio.Developers can now use a single prompt in AI coding tools like Cursor and Claude Code to complete Agent wallet creation, on-chain identity registration (ERC-8004), and deployment, without needing to separately set up wallets, identities, payments, custody, or LLM integration.Once deployed, Agents can use the x402 protocol to automatically deduct fees from users' pre-funded wallets to cover LLM usage, and they can be discovered and invoked by other Agents via the ERC-8183 task interface. The entire process runs on the AWS Bedrock AgentCore.The platform is also launching a limited-time free trial, where users can experience the full deployment process on the BSC testnet using their GitHub account.
According to the latest macro-trend report released by QCP Group, market focus is shifting from the “signing-related optimism” surrounding multiple macro events toward post-signing execution risks. The U.S.-Iran Memorandum of Understanding (MOU) has been formally signed; Brent crude oil prices have retreated below USD 80 per barrel, easing tail risks. However, traffic volume through the Strait of Hormuz remains at just 14 transits—well below normal levels—and a 60-day technical negotiation window has now opened. Market pricing is pivoting toward actual tanker flow volumes and progress on compliance with the Lebanon ceasefire. The Federal Reserve unanimously held interest rates steady at 3.50%–3.75%, but signaled its intention to keep rates higher for longer. The median dot-plot projection for 2026 was raised to 3.8% (up from 3.4%), with the range widened to 3.4%–4.4%; forward guidance was simultaneously scrapped. Core PCE inflation forecasts stand at 3.30%, and headline PCE at 3.82%—both above target—confirming that inflation—not growth—remains the primary constraint. Following its IPO, SpaceX’s stock price has declined approximately 27% from its peak of USD 211 to USD 155, yet it remains 14.5% above its IPO price of USD 135. Market narrative has shifted from IPO momentum to AI financing logic: its USD 20 billion note issuance is earmarked to refinance an xAI bridge loan, while the ~USD 60 billion Anysphere/Cursor transaction converts equity into acquisition currency. SpaceX is now being integrated into the AI capital formation cycle. In the crypto market, S
Reflection AI, a startup building an open-source AI model network, has signed a data center cabinet lease agreement with SpaceX, with a contract scale of $6 billion. Reflection AI is valued at $25 billion. Following agreements with Anthropic and Google, SpaceX signed the contract with Reflection AI, effective from July 1 to the end of 2029, with an expected monthly revenue of $150 million. Both parties can terminate the contract with 90 days' notice after the initial three-month period. Reflection AI, backed by Nvidia, stated that additional computing resources will provide a foundation for building large-scale open-source models. SpaceX has also recently agreed to acquire AI coding company Cursor in a $60 billion all-stock swap transaction.
: Robinhood has announced the launch of an AI Agent feature, allowing users to delegate stock trading and credit card spending decisions to AI agents. According to the introduction, users can connect AI tools such as Anthropic Claude and Cursor to their designated Robinhood accounts, enabling the AI to automatically execute stock trades, portfolio management, and spending tasks, while users retain control through spending limits, approval mechanisms, and real-time notifications.In payment scenarios, the AI Agent can use the Robinhood Gold virtual credit card to automatically search for deals, book travel, and purchase tickets. Robinhood stated that this feature currently only supports stock trading, with plans to expand to options and cryptocurrency trading in the future.
According to CoinDesk, Base—the Ethereum Layer 2 network operated by Coinbase—has launched the AI-integration tool Base MCP, which connects users’ Base accounts to AI clients such as ChatGPT, Claude, and Cursor, enabling them to perform transactions—including fund transfers, token swaps, balance checks, transaction history reviews, and interactions with DeFi applications—using natural language.
: Base, the Ethereum scaling network incubated by Coinbase, has launched Base MCP, aiming to connect AI interfaces with Base wallet infrastructure.Through this integration, users can use natural language commands in AI tools that support the MCP open standard to complete token swaps, fund transfers, and interact with Base ecosystem applications. Supported AI interfaces include Claude, ChatGPT, Cursor, and others.Base MCP will serve as a secure gateway between user Base accounts and AI interfaces. At its initial launch, it will connect with applications such as Morpho, Bankr, Moonwell, Avantis, Aerodrome, Virtuals, and Uniswap, covering scenarios including lending, swaps, perpetual contracts, new tokens, and AI Agent issuance.MCP stands for Model Context Protocol, originally proposed by Anthropic, and is an open standard for connecting AI models with external tools and data sources.
Musk said Grok Base Model V9-Medium (1.5T) training has been completed with good evaluation results. A large amount of Cursor data has been added during supplementary training, and more will be added subsequently. Fine-tuning is currently underway, and reinforcement learning is expected to begin in a few days. The official release is anticipated in 2 to 3 weeks.