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Cursor AI Valued at $29.3 Billion Following Funding Round

Cursor AI raises funding, now valued at $29.
AI startup Cursor has raised a funding round that now values the company at approximately $29.3 billion. The company has surpassed $1 billion in annualized revenue and scaled to over 300 employees. This marks a significant milestone for AI-native developer tools, highlighting growing market confidence in the commercialization of AI technologies for software development.