AI Startup Cursor Raises Funds at $29.3 Billion Valuation (1)

Cursor, an artificial intelligence coding startup, has raised $2.3 billion in funding at a $29.3 billion valuation, roughly tripling its value in a matter of months.

Accel co-led the funding round with new investor Coatue, while existing investors such as Thrive Capital and DST Global participated, the company said on Thursday. Alphabet Inc.’s Google and Nvidia Corp. also invested. The Wall Street Journal previously reported details of the round.

Cursor, previously called Anysphere, has become one of the fastest-growing startups of all time. Launched in 2023, Cursor is now ingrained in the daily routine of software programmers at ...