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CURSOR VALUATION INCREASE
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...- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- US-based fintech Candescent bets on India for product developmentCandescent, a US-based fintech, is doubling down on the India market and expanding to three cities: Hyderabad, Mumbai, and Bengaluru. The c...
- 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...
- Emergent crosses $100 million in ARR as demand for vibe coding picks upVibe coding startup Emergent, which competes with the likes of Lovable and Replit, has crossed $100 million in annualised run rate (ARR) wi...
- 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...
- Lovable valued at $6.6 billion in latest funding round as AI coding demand surgesThe deal also drew investment from Nvidia's venture capital arm among others, underscoring investor demand for agentic AI tools that can ha...
- 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...
- 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.
- AI software developer Replit raises $250 million at $3 billion valuationReplit was valued at just over $1 billion in 2023 after it raised $97.4 million. The company said its annualised revenue rose to $150 milli...
- Is the AI hype justified? OpenAI's GPT-5 will be a potential barometerIn anticipation, rival Anthropic released the latest version of its own chatbot, Claude, earlier in the week, part of a race with Google an...
- 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...
- 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 (...
- 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...
- 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.
- ETMarkets Smart Talk: Can look at smallcaps trading at low double digit trailing P/E for next 2-3 years: Ashutosh Tiwari"When there is so much pain in largecaps and certain sectors in the value zone, small & midcaps are likely to take longer to recover as inv...
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