AI programming tool Cursor (parent company Anysphere) has completed a $2.3 billion Series D financing round

AI programming tool Cursor (parent company Anysphere) has raised $2.3 billion in a Series D round, bringing its post-money valuation to $29.3 billion, making it the world’s first AI coding startup valued at over 200 billion RMB. The round was led by Accel and Coatue, with participation from NVIDIA, Google, and others. Over the past year, Anysphere’s valuation has grown more than tenfold, and its annualized revenue has surpassed $1 billion.