AI Business Weekly — August 31, 2026: OpenAI Just Cut Off Musk's Cursor After SpaceX's $60 Billion Deal
Six stories on AI's escalating tensions, from OpenAI's dramatic split with Cursor and Broadcom's $100 billion forecast to a Halifax venue's AI ban, the music industry's stunning about-face, and a genuine materials science breakthrough.
Broadcom's Stock Fell 25% Despite $100B AI Forecast
Broadcom's stock is down 25% from its high even as CEO Hock Tan reaffirms fiscal 2027 AI chip revenue will exceed $100 billion, driven by six customers.
MIT's New AI Tool Makes Materials Discovery Efficient
MIT researchers built CrysVCD, an AI tool that generates chemically stable materials 10x more efficiently, cutting costs for chip and data center cooling.
