Cursor developer Anysphere is seeking to raise hundreds of millions of dollars at a valuation of $10 billion

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According to a report by Bloomberg, Anysphere, the developer of the AI-driven code editor Cursor, is seeking to raise hundreds of millions of dollars in funding, which could value the company at close to $10 billion, a significant increase from the $2.5 billion valuation in January. The startup has seen rapid growth, with annual recurring revenue exceeding $100 million in 12 months. Anysphere has previously raised around $175 million in venture capital from investors including Andreessen Horowitz.

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