AI coding tools

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

Startups /

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

Startups /

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

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

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

AI /

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 »