AI Coding Startup Anysphere Raises $900M, Hits $9.9B Valuation

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.

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AI Coding Tool Cursor Snaps at ‘Vibe Coder’ to Code Himself

Cursor, an AI coding assistant, told user “janswist” to write his own code after an hour of collaboration, suggesting he learn instead of lean on it. His bug report went viral, with some speculating it picked up Stack Overflow’s sass during training. Debates swirl about limits and its “agent” mode for bigger projects.

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