Welcome back, fellow AI enthusiast. The G7 is convening under the shadow of the Mythos conflict. SpaceX just made the boldest bet in software history, buying Cursor for $60 billion. And the AI-in-Excel race is heating up, this time with ChatGPT in the mix. It's a packed one today. Let's get into it.
Today In AI:
G7 leaders gather amid Mythos conflict
SpaceX acquires Cursor for $60 billion in stock transaction
How to evaluate data in Excel using ChatGPT
3 trendy AI tools and more
Latest Highlights
ANTHROPIC & THE U.S. GOVERNMENT
Image source: FoundxStudio
Summary: The US government and Anthropic remain locked in a stalemate over export regulations which rendered their top models non-operational. But fresh revelations are coming out now: a letter from the government to Anthropic, worker responses, and finally, France’s G7.
Details:
A letter was published by Bloomberg from US Commerce Sec. Howard Lutnick, warning Anthropic about giving access to Mythos/Fable to “foreign persons.”
The NYT was able to obtain internal messages expressing worry among staff members that the company is being “unfairly targeted” and “bullied based on bad vibes.”
According to The Washington Post, the list of firms with access to Mythos has been “bullooned” and included a South Korean company thought to be affiliated with China.
The G7 Summit taking place in France has seen Dario Amodei, Sam Altman, Demis Hassabis, and other individuals take part.
Why it matters: However, the Anthropics employees have also realized that this is the case we realized right from the start, it is more of a relationship problem than a safety problem. However, specifics such as the Mythos list expanded by WaPo clearly spell out the situation that will definitely irk the USG despite their position on jailbreaks.
SPACEX & CURSOR
💰 SpaceX acquires Cursor for $60 billion in stock transaction
Image source: Cursor
Summary: SpaceX has formally exercised its right to purchase the AI software firm Cursor in an acquisition worth $60B in cashless shares after a huge rally since going public made the company almost double in value and Elon Musk become the world’s richest man with a fortune of over $1T.
Details:
The first agreement between Cursor and SpaceX was made in April, allowing an option to purchase the company for $60 billion or buy only the partnership for $10 billion.
SpaceX has quickly shot up above the mark of $200, since the day of listing Friday at $135 per share, adding nearly $1 trillion of value in just one week of being listed.
According to CEO of Cursor, Michael Truell, their next AI system would be “generally intelligent” and of the size of Opus, built from scratch.
SpaceX has confirmed that Cursor is now a part of the training for Grok Build and the company’s own editor.
Why it matters: Cursor was always part of the SpaceX fold since their April agreement, but SpaceX's IPO run only makes a stock deal more convenient for both parties. Although Grok hasn't been able to deliver in terms of coding, their partnership with Cursor and the computational power of SpaceX can bring things full circle.
AI Tutorial
How to evaluate data in Excel using ChatGPT
Open Excel and select Add-ins from the Insert tab
Search ‘ChatGPT’ > ‘Add’ to get it on the right panel
Select ‘Continue with ChatGPT’ > Sign in with your ChatGPT ID
Upload your dataset (Excel, CSV, image, PDF or whatever) and begin prompting
Prompt Sample: “provide a formula to add up sales figures in Column C which are more than 500”
Can also be prompted to develop financial models
Simply ask your question and receive answers as Excel formulas or analysis
Quick Hits
🎥 Grok Imagine 1.5 - xAI’s recently upgraded image-to-video model
🔎 Exa Agent - Exa’s efficient, frontier-class web research API
⚙️ Eve - Vercel’s open source framework to build an agent out of a file directory
Dario Amodei and Demis Hassabis were said to have advocated for a “U.S.-led AI coalition” at G7, where there will be cooperation on accessing models, exporting chips, and safety hazards.
OpenAI: according to documents viewed by The Information, OpenAI burned through $3.7B cash in Q1 while earning $5.7B in revenue in 2026, compared to tripling the numbers from last year.
Jensen Huang was quoted by AP saying that the age of AI needs “new social norms” in an analogy similar to how automobiles forced society to construct sidewalks and crosswalks.
Odyssey was backed by $310M at a valuation of $1.45B, giving more drive to create world models in general AI that can emulate physics and human behavior in real-time.