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In February, AI coding startup Windsurf was in talks to raise a big new round at a $2.85 billion valuation led by Kleiner Perkins, at double the valuation it hit six months earlier, sources told TechCrunch at the time. That deal didn’t happen, according to a source familiar with the matter. Instead, news broke in April…
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…
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…
The CEO of Anysphere, the company behind the popular AI-powered coding environment Cursor, apologized Friday for a poorly communicated pricing change to its $20-per-month Pro plan. The changes resulted in some users complaining that they unexpectedly faced additional costs. “We recognize that we didn’t handle this pricing rollout well and we’re sorry,” said Anysphere CEO…
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…
Anysphere, the maker of AI-powered coding tool Cursor, has attracted $900 million in a fresh round of funding led by Thrive Capital, The Financial Times reported, citing anonymous sources familiar with the deal. Andreessen Horowitz (a16z) and Accel are also participating in the round, which values Anysphere at about $9 billion, the report said. Cursor…
In Silicon Valley, where the same high-wattage names tend to dominate the headlines, Ali Partovi has long wielded outsized influence despite limited name recognition. The Iranian-born Harvard graduate built an impressive resume early on — joining the founding team of LinkExchange (acquired by Microsoft in 1998 for $265 million), co-founding iLike (sold to MySpace for…
AI coding assistant startup Windsurf cut its prices “across the board” it announced on Monday, touting “massive savings” for its users as competition with its rival Cursor intensifies. Windsurf said it’s getting rid of its complex system of “flow action credits,” which charged developers for actions its AI did in the background. It’s also cutting…
As businesses race to replace humans with AI “agents,” coding assistant Cursor may have given us a peek at the attitude bots could bring to work, too. Cursor reportedly told a user going by the name “janswist” that he should write the code himself instead of relying on Cursor to do it for him. “I…
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…