The interest of investors in AI coding assistants is exploiting.
Anysphere, the developer of the coding assistant cursor with AI, is in conversations with the risk capitalists to raise capital with an assessment of almost $ 10 billion, Bloomberg reported.
The round, if it happens, would arrive approximately three months after Anysphere completed its collection of previous funds of $ 100 million to an assessment prior to the money of $ 2.5 billion, since britcommerce was the first to inform. The new round is expected to be directed by the investor that Thrive Capital returns.
Thrive Capital and Anysphere did not immediately respond to a request for comments.
While Anysphere’s previous round valued the company at 25 times its $ 100 million (according to the New York Times), Investors seem willing to value rapidly growing companies in even higher multiples. Current annualized recurring income (RR) of Anysphere may have risen to $ 150 million, The informed informationWhich means that the New Deal, if it happened, would be a whop 66 times Rra.
Anysphere is not the only company that receives such a high assessment of investors.
Codeium, a company behind the IA Windsurf coding editor, is raising capital with an assessment of almost $ 3 billion, britcommerce reported last month. Kleiner Perkins, who is leading the round in Codeium, valued approximately 70 times RD of approximately $ 40 million.
AI is adapting faster to coding tools, exceeding its use in sales, law, medical care and other sectors, according to investors.
In recent weeks, investors have approached Poolside, another coding company to AI that is also developing its own LLM, the sources tell britcommerce and information. Poolside did not immediately respond to a request for comments.