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CURSOR FUNDRAISE
Anthropic, Cursor backer Accel raises $5 billion for big AI betsVenture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startu...
Silicon Valley’s hottest AI metric is also its least trustedCluely's co-founder admitted to fabricating ARR figures, sparking debate about the metric's reliability for AI startups. Experts note ARR's...
Rapido's new backer; Blinkit gets funding boostAravind Sanka's Rapido has added a new investor to its ongoing $600 million round. This and more in today's ETtech Top 5.
AI startup Cursor in talks for $50 billion valuationCode-generation startup Cursor is discussing a new funding round with investors that could value the company at about $50 billion, Bloomber...
Reinvention will keep Cursor on the map, says cofounder Aman SangerIndia is the second or third largest market for Cursor and the company is planning a big push into the Indian enterprises, says Aman Sanger...
Meet the newest billionaires of Silicon Valley: Founders of AI coding tool CursorCofounders Michael Truell, Aman Sanger, Sualeh Asif, and Arvid Lunnemark together hold a 4.5% stake in the company, worth at least $1.3 bil...
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
Pine Labs' strong D-Street debut; digital protection rules notifiedPine Labs started its public markets journey on a strong note. This and more in today's ETtech Top 5.
Groww IPO revs up wealthtech deals; Lovable’s founder on vibe codingHappy Monday! Several funding deals are swirling in the wealthtech sector on the back of Groww’s IPO. This and more in today’s ETtech Morni...
Anthropic aims to nearly triple annualized revenue in 2026, sources sayThe company is on track to meet an internal goal of $9 billion in annual revenue run rate - a calculation of annual revenue extrapolated fr...
VCs to AI startups: please take our moneyThe lavish VC overtures are part of a larger Silicon Valley frenzy for AI, driven by startups’ astonishing revenue growth and investors’ be...
Elon Musk's Neuralink raises $650 million in latest funding roundNeuralink is in the process of testing its implant, which is intended to help people with spinal cord injuries. The device has allowed the ...
Infy lays off trainees; Amazon, Flipkart warehouses raidedIT major Infosys has laid off more trainees from its Mysuru campus. This and more in today's ETtech Top 5.
Artificial intelligence is changing how Silicon Valley builds startupsThe old Silicon Valley model dictated that startups should raise a huge sum of money from venture capital investors and spend it hiring an ...
Anysphere, a maker of AI coding software, raises $105 millionThe nearly 3-year-old startup Anysphere is now valued at $2.5 billion following a new funding round led by Thrive Capital, which previously...
OpenAI removes Sam Altman's ownership of its Startup FundOpenAI's VC fund altered governance, separating CEO Altman's ownership. Ian Hathaway now leads, managing investments and accelerator progra...
Prestige Estate Projects plans stake sale to raise fundsThe Bangalore-based company, said to have sounded out some top private-equity players, has multiple realty businesses ranging from retail t...