AI coding startup Cursor seeks $2 billion funding

AI coding startup Cursor is reportedly in advanced discussions with investors to secure approximately $2 billion in new funding. This potential investment would place the company's valuation at over $50 billion, excluding the new capital. Cursor has emerged as a significant player in the AI-assisted software development space, attracting substantial interest from the venture capital community. The substantial funding round underscores the growing investor confidence in AI-focused technology companies and their potential for high growth and market disruption.