Cursor continues acquisition Spree with Graphite deal
Graphite is an AI code review assistant that was last valued at $290 million.
Lovable CEO Anton Osika said he credits ignoring advice to move to Silicon Valley for the AI coding company’s success.
Cursor plans to use the capital to continue developing Composer, the AI model the vibe coding startup released in October.
And its finding customers and investors, including $2.54 million in seed funding.
Coding assistant startups are highly unprofitable, says a source familiar with Windsurf financials.
Cursor-maker Anysphere is snapping up top talent from AI enterprise startups in an effort to compete with Microsoft’s GitHub Copilot.
Only eight months after its launch, Sweden’s Lovable has raised a $200 million Series A round led by Accel at a $1.8 billion valuation.
Software engineer workflows have been transformed in recent years by an influx of AI coding tools, but However, a new study calls into question the extent to which today’s AI coding tools enhance productivity for experienced developers.