Cursor raises $2.3B at $29.3B valuation

AI coding assistant Cursor secured a $2.3 billion funding round on Thursday, tripling its valuation to $29.3 billion just five months after its previous raise. The San Francisco-based startup, formally known as Anysphere Inc., has now raised one of the largest venture capital rounds in AI history, signaling extraordinary investor confidence in developer tools powered by artificial intelligence. #CursorAI #AICoding #VCRound #TechFunding #AIInvesting #StartupNews #DeveloperTools https://www.perplexity.ai/...

AI chipmaker Cerebras Systems has withdrawn its IPO plans shortly after raising $1.1B at an $8.1B valuation. The company cites an outdated prospectus amid rapid AI advancements but remains committed to going public soon. The move reflects strategic and regulatory challenges in the AI chip market. #Cerebras #IPO #AIChips #artificialintelligence #TechNews #Funding #NvidiaCompetitor #AIInfrastructure #StartupNews #TechFunding #innovation #AIHardware https://www.perplexity.ai/...

Stripe is in talks to repurchase shares from venture capital backers at a $106.7 billion valuation, signaling strong confidence after Sequoia bought $861M in shares at a $70B valuation in 2024. The move offers liquidity to investors without going public, reflecting Stripe's steady valuation growth. Details on share volume and employee inclusion remain flexible. #Stripe #StockBuyback #VC #TechFunding #Fintech