AI Startup Anysphere Fields VC Offers at Over $18 Billion Valuation
Silicon Valley investors are anxious to back the startup they say is the fastest growing of all time.
Michael Truell speaks during a Bloomberg Television interview on June 6.
Source: BloombergAnysphere Inc., the developer of the popular artificial intelligence code editor Cursor, has been approached by investors about a deal that would double its valuation in a new funding round, according to a person familiar with the matter.
In recent weeks, investors have floated a funding deal that would value the startup at $18 billion to $20 billion, said the person, who asked not to be identified because the information is private. The offer arrives shortly after the startup, which launched in 2023, surpassed $500 million in annualized revenue.