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Category: cursor

Cursor is reportedly raising funds at $9 billion valuation from Thrive, a16z, and Accel

Startups providing AI-powered coding tools are striking a positive chord with investors. Cursor, one of the most popular tools in the segment, has attracted $900 million in a fresh round of funding led by Thrive Capital, as per a report from the Financial Times. The FT noted that other top venture firms such as Andreessen…

From coding tests to billion-dollar startups, Ali Partovi’s eight-year experiment is paying off

In Silicon Valley, where the same high-wattage names tend to dominate the headlines, Ali Partovi has long wielded outsized influence despite limited name recognition. The Iranian-born Harvard graduate built an impressive resume early on — joining the founding team of LinkExchange (acquired by Microsoft in 1998 for $265 million), co-founding iLike (sold to MySpace for…

Windsurf slashes prices as competition with Cursor heats up

AI coding assistant startup Windsurf cut its prices “across the board” it announced on Monday, touting “massive savings” for its users as competition with its rival Cursor intensifies. Windsurf said it’s getting rid of its complex system of “flow action credits,” which charged developers for actions its AI did in the background. It’s also cutting…

Cursor in talks to raise at a $10B valuation as AI coding sector booms

Investor interest in AI-coding assistants is exploding. Anysphere, the developer of AI-powered coding assistant Cursor, is in talks with venture capitalists to raise capital at a valuation of nearly $10 billion, Bloomberg reported. The round, if it transpires, would come about three months after Anysphere completed its previous fundraise of $100 million at a pre-money…

In just 4 months AI coding assistant Cursor raised another $100M at a $2.5B valuation led by Thrive, sources say

Anysphere, the developer of AI-powered coding assistant Cursor, raised $100 million Series B at a post-money valuation of $2.6 billion, according to sources with knowledge of the deal. The round is being led by returning investor Thrive Capital, the person said.  This new funding comes just four months after Anysphere raised its $60 million Series…