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In a striking show of investor confidence in the future of AI-powered software development, Anysphere, the company behind the AI code editor Cursor, has announced a monumental $900 million funding round, pushing the startup’s valuation to $9.9 billion. The round was led by Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global — […]
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Anthropic secures $3.5 billion in Series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry inve [...]