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Nvidia-backed Cursor reportedly in talks for $50b valuation
Cursor is in talks with investors for a funding round that could value the AI coding startup at about US$50 billion.
The discussions are preliminary and may not result in a deal, according to people familiar with the matter.
Cursor announced a US$2.3 billion round in November that boosted its valuation to US$29.3 billion and that its annualized revenue topped US$2 billion in February.
Investors in prior rounds include Coatue, Thrive Capital, and Andreessen Horowitz, as well as Alphabet Inc.’s Google and Nvidia Corp.
🔗 Source: Bloomberg
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