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CURSOR INVESTOR TALKS
AI coding startup Cognition raises $1 billion at $26 billion valueAI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion...- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- 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...
- India’s tech hiring edge; Fashion funding heats upHappy Friday! AI and lower-cost talent have given a hiring advantage to countries like India, Philippines and Brazil. This and more in toda...
- AI coding startup Cursor plans new model to rival Anthropic, OpenAIThe company on Thursday plans to unveil Composer 2, which is meant to work as an AI agent that carries out lengthy coding tasks on a user’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...
- Andreessen Horowitz makes a $3 billion bet against the AI bubbleThe venture capital firm, which goes by the nickname a16z, set up a dedicated $1.25 billion war chest in 2024 for bets on AI infrastructure...
- Nvidia CEO Jensen Huang sounds 'Judgment-Day' like warning but there is a good newsNvidia CEO Jensen Huang wants employees to use AI tools for all possible tasks and promised jobs are safe. The company is hiring fast and o...
- 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.
- Google hires Windsurf CEO Varun Mohan and team amid AI talent war; skips $3billion OpenAI dealGuggal has hired Varun Mohan, the CEO of Windsurf. This AI coding startup will license some tech to Guggal. Some senior staff from Windsurf...
- AI 'vibe coding' startups burst onto scene with sky-high valuationsFounders of code-gen startups and their investors believe they are in a land grab situation, with a shrinking window to gain a critical mas...
- ChatGPT maker OpenAI reaches agreement to buy startup Windsurf for $3 billionOpenAI is set to acquire Windsurf, formerly Codeium, for around $3 billion—its largest deal yet. The acquisition may bolster OpenAI’s abili...
- Windsurf vs Cursor: Inside OpenAI’s quest for an AI coding startupLast year, Cursor's desktop application had gained significant popularity, particularly for its ability to assist with coding using Anthrop...
- There could be geopolitical tension over AIDebarghya Das, principal, AI and infrastructure, Menlo Ventures, talks ET about OpenAI, geopolitics over AI and the ‘American Dream’. Das (...
- 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 ...
- Prestige in talks with Canada Fund, others to raise $400 millionA precursor to the listing of firm’s REIT in 12-15 months, the exercise is expected to be concluded over the next three months.
- Phoenix, Canada’s CPPIB may join hands to buy land, develop mallsThe developer is looking to leverage its brand Phoenix Marketcity to become a pan-India mall developer and operator given the success of it...
- Buy on dips, money will flow into risk assets: Harsh Agarwal, Deutsche BankThe dollar strength should continue at a gradual pace over the next 6 to 12 months
- Fidelity to buy 12-14% stake in AvesthagenFidelity Investments is in advanced talks to buy 12-14% stake in the Bangalore-based biotech firm Avesthagen for $10-12 million.
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