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Fwiw it's not available on my enterprise account: "Disable zero data retention to unlock Fable 5 access"
We just blocked it at our org for this reason. They will "retain agent request and output data associated with this model, regardless of you Cursor Privacy Mode setting."
What does "zero data retention" mean? What kind of data does it need to unlock?
The announcement details it. They're storing 30 days of data on all surfaces, first and third party. They claim it is for security purposes so they can review and check for long term jailbreak and distillation efforts.

They also, FWIW, say that they've instituted new policies on their end such as logging any human access to the stored data and automated deletion after 30 days in "most" cases (with another link to a document detailing that further).