Last Week in Tech – SpaceX Buys Cursor for $60B, Washington Pulls Anthropic's Top Models, and the Klue Breach Spreads

Your Monday catch-up, with a security lens. This week: SpaceX makes the largest startup acquisition in history, buying AI-coding company Cursor for around $60 billion in stock — days after its own IPO. Washington uses export-control powers to force Anthropic to pull its most powerful models on national-security grounds. The Klue OAuth breach we flagged a fortnight ago balloons to nearly 200 companies, including a who's-who of security vendors. And world leaders sit down with AI's biggest names at the G7, as SoftBank pledges €45 billion for French data centres.Trying to work out what all this AI consolidation means for your own tech stack? Visit www.kinsoft.com.au to talk through your security and IT needs.Sources: CNBC; TechCrunch; Fortune; SecurityWeek; BleepingComputer; Global Banking & Finance.