Sources: Cursor in talks to raise $2B+ at $50B valuation as enterprise growth surges

Cursor is reportedly in talks to raise over $2 billion at a $50 billion valuation, driven by significant enterprise growth. The funding round is expected to be led by returning investors a16z and Thrive. This investment reflects the increasing demand for Cursor's services in the enterprise sector.

More AI & Tech

AI & Tech

Sam Altman’s project World looks to scale its human verification empire. First stop: Tinder.

Sam Altman’s World project aims to expand its human verification services, starting with partnerships on Tinder. The initiative focuses on scaling its Orb-centered anonymous verification system, attracting interest and controversy. The project seeks to influence online identity verification, with plans for broader adoption across social platforms.

TechCrunch·49m ago

AI & Tech

Intel eases reliance on TSMC with 'Merica-made Core Series 3 processors

Intel announced the launch of 'Merica-made Core Series 3 processors, reducing reliance on TSMC. The new processors aim to strengthen domestic chip manufacturing and diversify supply chains, marking a strategic shift in Intel's production capabilities amid global chip shortages.

The Register·2h ago

AI & Tech

US-sanctioned currency exchange says $15 million heist done by "unfriendly states"

Grinex reports a $15 million heist attributed to 'unfriendly states' targeting a US-sanctioned currency exchange, citing hacking resources exclusive to hostile nations. The incident highlights ongoing cyber threats linked to geopolitical tensions, with authorities investigating the breach and potential impacts on financial security.

Ars Technica·2h ago

AI & Tech

Kevin Weil and Bill Peebles exit OpenAI as company continues to shed ‘side quests’

OpenAI executives Kevin Weil and Bill Peebles are leaving as the company shifts focus from consumer projects to enterprise AI, shutting down Sora and downsizing its science team, signaling a strategic pivot.

TechCrunch·3h ago

AI & Tech

Man who hacked US Supreme Court filing system sentenced to probation

Nicholas Moore, who hacked into three U.S. government networks using stolen credentials, has been sentenced to probation. He gained notoriety by posting victims' personal data on Instagram under the handle @ihackedthegovernment. The case highlights ongoing concerns about cybersecurity and the vulnerabilities within government systems.

TechCrunch·3h ago

AI & Tech

OpenAI Executive Kevin Weil Is Leaving the Company

OpenAI's Kevin Weil is leaving the company as it integrates his AI science team into Codex. Weil, previously VP at Instagram, departs amid organizational shifts at ChatGPT-maker OpenAI, which is focusing on product integration and development.

Wired·3h ago

All AI & Tech →