AI
Meet the newest billionaires of Silicon Valley: Founders of AI coding tool Cursor
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The latest $2.3 billion fundraise by the cofounders of the artificial intelligence (AI) coding tool Cursor has pushed them into the billionaire league.
According to Forbes estimates published on November 13, cofounders Michael Truell, Aman Sanger, Sualeh Asif, and Arvid Lunnemark together hold a 4.5% stake in the company, worth at least $1.3 billion.
ET reported that the AI startup raised $2.3 billion from new and existing investors such as Nvidia, Google, Accel, Thrive Capital, and Andreessen Horowitz at a valuation of $29.3 billion, with annual…
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