Site icon MSN Technology

Cursor in talks to raise at a $10B valuation as AI coding sector booms

GettyImages 2080252145

Investors’ interest in AI coding assistants is bursting.

The developer of the AI ​​-powered coding assistant cursor, Ennifer, is interacting with venture investors to raise investors at a cost of about $ 10 billion, Bloomberg reported.

Round, if it transfers, will come at around three months after collecting your former funds in advance at any place. 2.5 billion dollarsAs Tech Crunch reported earlier. It is expected that the new era will be led by investors promoting capital.

The flourishing capital and no one responded to the request for an immediate comment.

While the previous round of Infir had the company priced 25 times its million 100 million AR (per New York Times), Investors seem to be still willing to value the growing companies on the highest number. The current annual repeated revenue of Infair may have already mounted 150 million Million, Notified informationWhich means a new contract, should it be arr 66 times.

Infair is not the only company that receives such a high price from investors.

Kodem, a company behind the AI ​​Coding Editor Wind Surf, is collecting investment at a cost of about $ 3 billion, Tech Crunch reported Last month, Cleaner Perkins, who is leading the round in Kodium, is about $ 70 million at $ 70 million.

According to investors, AI coding is rapidly shielding tools, leaving its use in sales, law, health care and other sectors.

Sources told Tech Crunch and Information that in recent weeks, investors are approaching polyside, which is another AI -powered coding company that is also producing its LLM. Paulide did not immediately respond to the comment request.

Source link

Exit mobile version