
AI coding startup Cursor is raising at least $2 billion in new funding at a $50 billion valuation, according to sources. Thrive and Andreessen Horowitz lead the round, with Battery Ventures and Nvidia also participating. The financing would nearly double Cursor's previous $29.3 billion valuation from six months ago. Cursor forecasts $6 billion annualized revenue by end of 2026, tripling current levels.