Cursor, the AI Coding Assistant, Secures $900M in Funding

Anysphere, the lab behind the AI coding assistant Cursor, announced a $900 million funding round at a $9.9 billion valuation. Investors include Thrive, Accel, Andreessen Horowitz, and DST. Cursor boasts over $500 million in ARR and is used by more than half of the Fortune 500 companies, including NVIDIA, Uber, and Adobe. This significant investment will fuel Anysphere's continued research and development in AI-powered coding, furthering their mission to revolutionize the coding experience.