fintech / news / / The Economic Times
AI coding startup Cursor is close to securing over $2 billion in new funding.
Cursor is in talks to raise over $2 billion at a $50 billion valuation.
KEY POINTS
- Nvidia and Battery Ventures are expected to join returning investors Thrive and Andreessen Horowitz in this round.
- Cursor's $50 billion pre-money valuation nearly doubles its valuation from six months ago.
- Cursor expects to reach a $6 billion annualized revenue run rate by end of 2026.
- Composer 2, Cursor's new model, is based on Moonshot AI's Kimi K2.5, which was undisclosed until recently.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →