AI editor Cursor completes $900 million in financing, with a16z participating.

On May 6, news reported by the Financial Times states that Anysphere, the company behind the AI code editor Cursor, has just completed a $900 million funding round led by Thrive Capital, reaching an astonishing valuation of $9 billion. This funding round attracted participation from top venture capital firms, including a16z and Accel. The cryptocurrency exchange FTX was a seed round investor in Cursor, but after FTX’s bankruptcy liquidation, its liquidation team sold the Cursor shares they held for $200,000, while those shares have now skyrocketed in value to approximately $500 million.