EducateKaro – Handpicked Tech & Startup News | Quick, Smart Summaries
Handpicked Tech & Startup News | Quick, Smart Summaries
Anysphere, maker of the AI coding tool Cursor, has raised $900M at a $9.9B valuation. Led by Thrive Capital, the round marks its third funding in under a year. Cursor’s ARR now tops $500M, doubling every two months. With new enterprise plans, the company’s revenue model is shifting beyond individual users. Anysphere recently declined acquisition offers, including from OpenAI.
Read more on: TechCrunch
AI startups are grabbing tons of venture capital, with Anysphere, the team behind the AI-powered code editor Cursor, aiming for a $10 billion valuation in its latest funding round. This mirrors a hot trend, as European players like Poolside AI and Lovable also rake in big investments, showing AI coding’s global boom.
Read more on TechFundingNews
