Latest news with #AnysphereInc
Bloomberg
3 days ago
- Business
- Bloomberg
Anysphere, Hailed as Fastest Growing Startup Ever, Raises $900 Million
By and Kate Clark Save The artificial intelligence rush has enabled some small startups to grow very big very quickly. But by some estimates, none have grown as fast as Anysphere Inc., maker of the popular AI coding assistant Cursor, which has surpassed $500 million in annualized revenue, the company said. Now, the three-year-old startup has raised $900 million to help drive that growth, Anysphere plans to announce on Thursday. That will bring its valuation to $9.9 billion, including the new capital, underscoring investor enthusiasm for what Silicon Valley sees as one of most promising applications of generative AI thus far.
Bloomberg
07-03-2025
- Business
- Bloomberg
AI Startup Anysphere in Talks for Close to $10 Billion Valuation
Anysphere Inc. — the startup behind the popular artificial intelligence-powered code editor, Cursor — is in talks to raise hundreds of millions from investors at a valuation close to $10 billion, according to people familiar with the matter. Thrive Capital is expected to serve as a lead of the round, one of the people, all of whom asked not to be identified because the information is private. The talks have not been finalized and the details could still change, they said.
