cursor

Why Cursor’s CEO believes OpenAI, Anthropic competition won’t crush his startup

Startups /

Anysphere, the company that makes AI coding assistant darling Cursor, isn’t thinking about an IPO any time soon, its co-founder CEO Michael Truell said onstage Monday at Fortune’s AI Brainstorming conference. After reaching $1 billion in annualized revenue in November and raising $2.3 billion at a $29.3 billion valuation last month, Truell said his company […]

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As Lovable hits $200M ARR, its CEO credits staying in Europe for its success

Enterprise /

Swedish vibe coding unicorn Lovable has doubled its annual recurring revenue (ARR) to $200 million in just four months, co-founder and CEO Anton Osika said on stage at the 2025 Slush technology conference in Helsinki, Finland. The milestone comes just four months after the year-old company surpassed $100 million in ARR in July. Osika credited

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Coding assistant Cursor raises $2.3bn five months after its previous round

Enterprise /

Developer AI coding tool Cursor continues to gobble up venture capital as its valuation keeps climbing. On Thursday, Cursor announced a $2.3 billion funding round that valued the company at $29.3 billion, as originally reported by the Wall Street Journal. This round more than doubles the company’s previous valuation of $9.9 billion, which it achieved

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Coding assistant Cursor raises $2.3B 5 months after its previous round

Startups /

Developer AI coding tool Cursor continues to gobble up venture capital as its valuation keeps climbing. On Thursday, Cursor announced a $2.3 billion funding round that valued the company at $29.3 billion, as originally reported by the Wall Street Journal. This round more than doubles the company’s previous valuation of $9.9 billion, which it achieved

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Elad Gil on which AI markets have winners — and which are still wide open

Venture /

Solo VC investor extraordinaire Elad Gil said on stage at TechCrunch Disrupt that AI has been one of the least predictable tech booms he’s ever seen. Gil is on the cap table of virtually every hit company of the past decade, including many of today’s leading AI companies. Still, he thinks that over the last

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In a world of vibe coding startups, Uno Platform is targeting enterprise developers

Fundraising /

Amid the rise of new AI-powered low code developer tools aimed at hobbyists and non-technical folks, Uno Platform is doubling down on enterprise developers instead. Montreal-based Uno Platform offers a suite of enterprise-grade tools for developers to build cross-platform .NET applications that can be supported on Android, Apple, Linux, and Windows systems. Users code an

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Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot

Enterprise /

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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Lovable becomes a unicorn with $200M Series A just 8 months after launch

Fundraising /

Fast-growing Swedish AI vibe coding startup Lovable has become Europe’s latest unicorn. Only eight months since its launch, the startup has raised a $200 million Series A round led by Accel at a $1.8 billion valuation. Like Cursor and other platforms that help developers write code and build apps by harnessing the coding and reasoning

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AI coding tools may not speed up every developer, study shows

AI /

Software engineer workflows have been transformed in recent years by an influx of AI coding tools like Cursor and GitHub Copilot, which promise to enhance productivity by automatically writing lines of code, fixing bugs, and testing changes. The tools are powered by AI models from OpenAI, Google DeepMind, Anthropic, and xAI that have rapidly increased

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