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Tag: ai coding assistant

Cursor has reportedly surpassed B in annualized revenue
  • Technology

Cursor has reportedly surpassed $2B in annualized revenue

Admin3 months ago03 mins

The AI coding assistant Cursor has surpassed $2 billion in annualized revenue, a metric calculated by multiplying the latest month’s revenue by 12, according to a Bloomberg source. This individual says the four-year-old startup saw its revenue run rate double over the past three months. The disclosure appears timed to counter a recent wave of…

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Coinbase CEO explains why he fired engineers who didn’t try AI immediately
  • Technology

Coinbase CEO explains why he fired engineers who didn’t try AI immediately

Admin10 months ago05 mins

It’s hard to find programmers these days who aren’t using AI coding assistants in some capacity, especially to write the repetitive, mundane bits. But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky…

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Cursor’s Anysphere nabs .9B valuation, soars past 0M ARR
  • Technology

Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR

Admin1 year ago03 mins

Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global. The massive round is Anysphere’s third fundraise in less than a year. The 3-year-old startup secured its previous…

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