Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR

Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by a returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel and DST Global.

The massive round is Anysphere’s third fundraise in less than a year. The three-year-old startup secured its previous capital haul of $100 million at a pre-money valuation of $2.5 billion late last year, as TechCrunch was first to report. 

AI coding assistants, often referred to as ‘vibe…