Reinvention will keep Cursor on the map, says cofounder Aman Sanger

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Cursor, an artificial intelligence coding tool, is one of the hottest startups in Silicon Valley. It recently raised $2.3 billion from new and existing investors such as Nvidia, Google, Accel, Thrive Capital and Andreessen Horowitz at a valuation of $29.3 billion, and has annual recurring revenue of $1 billion.

For its cofounder, the 25-year-old Aman Sanger, the sentiment over the massive fundraising, or the tag of the hottest AI startups in the Valley, is mixed with equal parts paranoia and excitement. The big question is what AI could do to the…



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Reinvention will keep Cursor on the map, says cofounder Aman Sanger



Cursor, an artificial intelligence coding tool, is one of the hottest startups in Silicon Valley. It recently raised $2.3 billion from new and existing investors such as Nvidia, Google, Accel, Thrive Capital and Andreessen Horowitz at a valuation of $29.3 billion, and has annual recurring revenue of $1 billion.

For its cofounder, the 25-year-old Aman Sanger, the sentiment over the massive fundraising, or the tag of the hottest AI startups in the Valley, is mixed with equal parts paranoia and excitement. The big question is what AI could do to the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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