The creator of the AI coding assistant cursor is growing so quickly, it will not be sold in the market, even a source close to the organization, Techcranch, to the Openai.
It was a hot target. The cursor is one of the most popular AI-powered coding equipment and its income is increasing with astronomy-the average is twice the average according to the other sources. According to the two, the current average annual revenue of the unsphair is about $ 300 million.
The company has gone away from the initial acquisition discussion with the OpenAI after the Chatzipt maker approached the Cursor, confirmed two sources near the company and CNBC has previously reportedThe According to one of these sources, any organization also received offers for other acquisitions that do not consider.
Cursor offers rejected because the startup wants to remain independent, two people close to the company said. Instead, anyone who said last month Bloomberg said that the price of about $ 10 billion is in discussions to raise capital for the price of about $ 10 billion.
Although it did not push anything, Open did not give up on an established AI coding equipment startup. The Open is talking to 20 more, CNBC said.
Bloomberg reported last week, and then it became serious with the next fast growing AI coding startup, with the offer of $ 3 billion acquisition of Windsorf. Although Windsorf is a relatively small company, its ARR is about $ 100 million, ARR is more than $ 40 million in February, a source said.
Windsorf is also gaining popularity with the developer community and its coding product is designed to work with inherited enterprise systems. Windsorf did not respond to TechCrunch’s request for comments. Open refused to comment on his acquisition discussion.
Open is probably doing shopping because it is looking for its next growth fields as a competitor like Google’s Jemi and China’s DIPSC, pressing the price for access to foundational models.
Furthermore, ethnographic and Google recently released the AI models, which are Openai models exceed the coding benches, growing the preferred choice for their developers.
Open can produce its own AI coding assistant, but buying a product that is already popular with developers does not mean chatzipt-maker to create this business from scratch.
Developer equipment is definitely watching the investor VCS in startups. Imagine the Opeena’s technique, the Signal Fire’s partner and CEO Chris Pharma said, “They will hold the app layer it is non -existent for them.”