Topic: acquisition declines

Cursor’s Anysphere hits $9.9B valuation, exceeds $500M ARR

Anysphere, creator of AI coding tool Cursor, reached a $9.9 billion valuation after raising $900 million in funding led by Thrive Capital, with participation from top investors like Andreessen Horowitz. Cursor's rapid growth includes doubling its annual recurring revenue every two months, surpass...