ANYSPHERE, WHICH MAKES CURSOR, HAS REPORTEDLY RAISED $900M AT $9B VALUATION

Summary from the TLDR AI newsletter

Anysphere raised $900 million, led by Thrive Capital, valuing the AI coding tool maker at $9 billion. Existing investors like a16z and Accel joined the round. Competitors like Windsurf are also seeing heightened investor interest, with OpenAI reportedly eyeing acquisition opportunities.