Industry
Sources: Cursor hit 2.7B in annualized sales in March, up ~14x from a year ago, and reported a ~900M loss in its last fiscal year on $770M in total revenue (The Information)
The Information: Sources: Cursor hit 2.7B in annualized sales in March, up ~14x from a year ago, and reported a ~900M loss in its last fiscal year on 770M in total revenue — Weeks before Cursor agreed
The Information: Sources: Cursor hit 2.7B in annualized sales in March, up ~14x from a year ago, and reported a ~900M loss in its last fiscal year on 770M in total revenue — Weeks before Cursor agreed to a 60 billion potential takeover from SpaceX, the hot AI coding startup set out to raise billions of dollars.
Related
- Sources: Microsoft considered buying Cursor in recent weeks but didn't make an offer; Microsoft has been working to boost GitHub Copilot's popularity (CNBC)
- Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported $2B funding round (Bloomberg)
- Sources: Sequoia raised ~7B for a new fund, the first fundraising round under its new leadership; the firm's last expansion fund was a 3.4B vehicle in 2022 (Bloomberg)
- Sources: Anthropic has fielded multiple offers from VCs valuing the company at as much as 800B in recent weeks; it was valued at 380B in February (Ben Bergman/Business Insider)
- Sources: SoftBank seeks a $10B two-year margin loan secured by its OpenAI shares, with an option for a year extension, as SoftBank aims to become an AI linchpin (Bloomberg)
Source: Techmeme | 2026-04-24