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CURSOR STARTUP NEWS
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...
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...
Amazon pushes in-house AI coding tool Kiro over competitors', memo showsAmazon has told staff to stop adopting new third-party AI coding tools and instead use its own system, Kiro. An internal memo says Kiro sho...
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.
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...
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...
Musk kicks off xAI, Neuralink fundraises after DOGE farewellElon Musk is shifting his focus back to his businesses, with xAI seeking $5 billion to expand its AI footprint and Neuralink securing $650 ...
Elon Musk's Neuralink raises fresh cash at $9 billion valuation: ReportNeuralink is in the process of testing its implant, which is intended to help people with spinal cord injuries. The device has allowed the ...
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...
Elon Musk's Neuralink could fetch $8.5 billion valuationElon Musk’s Neuralink is in early talks to raise about $500 million at a pre-money valuation of $8.5 billion, a sharp rise from its $5 bill...
Vibe coding: A threat to software engineers?"Vibe coding" is a new AI-driven approach to programming, allowing users to generate code using everyday language. While it simplifies codi...
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 ...
Newsmakers of 2024: Navigating the Elon Musk mazeFor Elon Musk, 2024 was another whirlwind, a year marked by both wins and controversies. From his friendship with president-elect Donald Tr...
Swiggy’s valuation markup; Ola Electric loses market shareUS investor Invesco has hiked the fair value of IPO-bound Swiggy while trimming that of Pine Labs.
Digital lending at an inflection point, and other top tech, startup stories this weekThe digital lending sector in India is experiencing an inflection point after years of challenges. Industry-level NPAs are decreasing, cred...