AI Startup Anysphere in Talks for Close to $10 Billion Valuation
The maker of coding app Cursor surpassed $100 million in recurring revenue in 12 months.
Photographer: Thomas Samson/AFP/Getty Images
This article is for subscribers only.
Anysphere Inc. — the startup behind the popular artificial intelligence-powered code editor Cursor — is in talks to raise hundreds of millions from investors at a valuation close to $10 billion, according to people familiar with the matter.
Thrive Capital is expected to serve as a lead of the round, said one of the people, all of whom asked not to be identified because the information is private. The talks have not been finalized and the details could still change, they said.