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2024-11-11 10:13:43
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AIbase
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13.1k
The Valuation of Cursor, the AI Coding Assistant, Surges to $2.5 Billion as Investors Compete to Buy In
In the current market, AI-driven coding assistant startups are emerging one after another, with Augment, Codeium, Magic, and Poolside among them. However, Cursor has become the most popular product. Its developing company, Anysphere, had an annual revenue of $4 million in April this year, which skyrocketed to $4 million per month by last month, growing at a rate far exceeding other coding assistant providers. Such rapid growth has attracted the attention of numerous venture capitalists.
2024-07-16 11:11:38
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AIbase
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10.2k
AI Coding Upstart Anysphere Secures New Funding Round Led by A16z, Hits $400M Valuation
Recently, AI programming startup Anysphere announced that their AI code editor Cursor has gained significant attention and successfully secured a new round of funding from renowned venture capital firm A16z, with a valuation of at least $400 million. Cursor is used by multiple large tech companies, including OpenAI and Perplexity, demonstrating its wide application in the engineering community.Product Entry: https://top.aibase.com/tool/cursor-sh Anysphere aims to help developers improve their wo