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, which sells the popular Cursor application, has raised a $900 million round at a $9 billion valuation.

The round — first reported by — was led by and included investment from and .

It was just last December when raised a $105 million Series B led by that valued the company $2.6 billion. That was four months after raising a $60 million Series A.

Founded in 2022, the company has raised $1.1 billion, .

Coding cash

Artificial intelligence-powered coding has become a hit with investors as the use case seems to have taken off inside large enterprises as a way to save developers’ time. 

It seems to have also spurred M&A interest. Last month, it was is in talks to acquire AI-assisted coding tool — previously called Codeium — for $3 billion. The deal would be the generative AI giant’s biggest acquisition to date, .

OpenAI tried to buy code-writing startup Anysphere before turning its attention to Windsurf.

Whether it’s coding, model design or security, big money continues to pour into AI. Per ¸½½üÉÏÃÅ’s global funding report, AI was the leading sector for venture funding in the first quarter, with $59.6 billion invested. The first quarter marked the strongest quarter for AI funding ever, with an astonishing 53% of global funding going to the AI sector alone.

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• Eye On AI: OpenAI’s Potential Windsurf Deal Could Be The Start Of A New M&A Trend

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