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AI Coding Startup Cursor Raises $2.3 B at $29.3 B Valuation — What It Means for the Future of Dev Tools

Cursor has closed a $2.3 billion funding round at a $29.3 billion post-money valuation. The tool has crossed $1 billion in annualized revenue and swelled to more than 300 employees since it first launched in 2023. Coding tools have proved to be a lucrative AI use case. OpenAI approached Anysphere to potentially purchase Cursor earlier this year, but the deal failed to gain traction.

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GPT 5.1 Rolls Out — Meet the Smarter, More Conversational ChatGPT

OpenAI has released the GPT-5.1 family of models. GPT-5.1 Instant is a high-volume model that uses adaptive reasoning – it can decide when to think longer on hard prompts. GPT-5.1 Thinking can vary its deliberation for each question, so simple tasks are faster and complex work gets deeper analysis. GPT-5.1 Auto routes queries between models. ChatGPT has gained stronger personalization controls – users can now pick between different personalities.

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Airia: Enterprise AI Orchestration — Agents, Integrations, Workflows, and Governance

As enterprises scale AI, the challenge is no longer about building single models—it’s about orchestrating intelligent … Airia: Enterprise AI Orchestration — Agents, Integrations, Workflows, and GovernanceRead more