AI coding tools

Anthropic unveils new rate limits to curb Claude Code power users

Anthropic says its rolling out new weekly rate limits for Claude to curb usage among subscribers who are running its AI coding tool, Claude Code, “continuously in the background, 24/7.” Anthropic says the rate limits also aim to stop a handful of users who are violating Claude’s usage policy by sharing accounts and reselling access […]

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Benchmark in talks to lead Series A for Greptile, valuing AI-code reviewer at $180M, sources say

Greptile, an AI-powered code review startup, is in the process of raising a Series A. Sources familiar with the deal tell TechCrunch it’s for $30 million at a $180 million valuation led by Benchmark partner Eric Vishria. But one person says that the deal hasn’t closed and terms may change. Founded by Dasksh Gupta after

Benchmark in talks to lead Series A for Greptile, valuing AI-code reviewer at $180M, sources say Read More »

Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot

The startup behind the viral AI coding app Cursor is snapping up top talent from AI enterprise startups in a bid to bolster its competition with Microsoft’s GitHub Copilot and win over businesses looking to supercharge their employees with AI coding tools. In one recent case, Cursor maker Anysphere struck a deal to acquire the

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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

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After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed

On the first day of Y Combinator’s winter 2024 session — right after orientation and a photo in front of the YC sign — the founders of PearAI got “canceled,” as founder Nang Ang described it to TechCrunch, receiving an outpouring of online hate. But they survived and graduated the YC’s winter 2024 cohort earlier this

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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

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