Anysphere, maker of AI coding assistant Cursor, is rising so rapidly that it’s not out there to be offered, even to OpenAI, a supply near the corporate tells TechCrunch.
It’s been a scorching goal. Cursor is without doubt one of the hottest AI-powered coding instruments, and its income has been rising astronomically – doubling on common each two months, in response to one other supply. Anysphere’s present common annual recurring income is about $300 million, in response to two folks.
The corporate beforehand walked away from early acquisition discussions with OpenAI, after the ChatGPT maker approached Cursor, two sources near the corporate confirmed, and CNBC previously reported. Anysphere has additionally obtained different acquisition provides that the corporate didn’t take into account, in response to one among these sources.
Cursor turned down the provides as a result of the startup desires to remain impartial, mentioned two folks near the corporate. As an alternative, Anysphere has been in talks to lift capital at a few $10 billion valuation, Bloomberg reported final month.
Though it didn’t nab Anysphere, OpenAI didn’t hand over on shopping for a longtime AI coding device startup. OpenAI talked with greater than 20 others, CNBC reported.
After which it received severe over the following fastest-growing AI coding startup, Windsurf, with a $3 billion acquisition provide, Bloomberg reported final week. Whereas Windsurf is a relatively smaller firm, its ARR is about $100 million, up from $40 million in ARR in February, in response to a supply.
Windsurf has been gaining recognition with the developer neighborhood, too, and its coding product is designed to work with legacy enterprise methods. Windsurf didn’t reply to TechCrunch’s request for remark. OpenAI declined to touch upon its acquisition talks.
OpenAI is probably going buying as a result of it’s searching for its subsequent progress areas as rivals similar to Google’s Gemini and China’s DeepSeek put pricing strain on entry to foundational fashions.
Furthermore, Anthropic and Google have lately launched AI fashions that outperform OpenAI’s fashions on coding benchmarks, more and more making them a most popular selection for builders.
Whereas OpenAI may construct its personal AI coding assistant, shopping for a product that’s already in style with builders means the ChatGPT-maker wouldn’t have to begin from scratch to construct this enterprise.
VCs who spend money on developer device startups are actually watching. Speculating about OpenAI’s technique, Chris Farmer, accomplice and CEO at SignalFire, advised TechCrunch of the corporate, “They’ll be acquisitive on the app layer. It’s existential for them.”