Code generation tools startup, Cursor raises $2.3 billion at $29.3 billion valuation

NEW YORK: Artificial intelligence startup Cursor said on Thursday it has raised $2.3 billion in a funding round that values the company at $29.3 billion, a near-tripling of its valuation…

NNR November 13, 2025

Wire

Cognition raises $400 million, joins $10 billion AI startup club after Windsurf acquisition

Artificial intelligence startup Cognition said on Monday it had raised $400 million in a funding round led by Peter Thiel’s funded Founders Fund, valuing the company at $10.2 billion, including…

NNR September 8, 2025

Wire

FTC to probe AI giants over cloud partnerships

The Federal Trade Commission (FTC) has announced a sweeping investigation into the artificial intelligence (AI) industry, focusing on the ties between major cloud service providers and AI developers. The FTC…

NNR January 25, 2024

Wire

Amazon to invest $4 billion in AI startup Anthropic and partner on generative AI

FILE PHOTO: Anthropic logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration Amazon, the e-commerce giant, announced on Monday that it will invest up to $4 billion…

NNR September 25, 2023