What does Anysphere do?
Anysphere is a technology company based in San Francisco that is building an AI coding assistant called Cursor, which is designed to automate coding tasks and streamline software development.
How much did they raise?
The company raised $900M in a funding round co-led by Thrive Capital with participation from Andreessen Horowitz and Accel, reaching a valuation of approximately $9B.
What are their plans for the money?
With the new funds, Anysphere plans to expand its operations and development efforts, aiming to accelerate the adoption of its AI-driven coding solutions and transform coding practices in complex systems.
What have they achieved so far?
The development of Cursor marks a significant achievement, as it promises to automate coding through a human-AI programmer model, enhancing efficiency and enabling rapid iteration even in the most intricate software environments.
