Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR

Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by a returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel and DST Global. The massive round is Anysphere’s third fundraise in less than a year. The three-year-old startup secured its … Read more

Hugging Face says its new robotics model is so efficient it can run on a MacBook

AI dev platform Hugging Face released an open AI model for robotics called SmolVLA, which the company claims outperforms much larger models for robotics in both virtual and real-world environments. ​AI dev platform Hugging Face released an open AI model for robotics called SmolVLA, which the company claims outperforms much larger models for robotics in … Read more

Reddit sues Anthropic for allegedly not paying for training data

Reddit is suing Anthropic for allegedly using the site’s data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic’s unauthorized use of the site’s data for commercial purposes was unlawful, and alleges the AI startup violated … Read more

Space Forge raises $30M Series A to make chip materials in space

Space Forge, a U.K. startup headquartered in Cardiff, Wales, recently raised a £22.6 million (approximately $30 million) Series A to make wafer materials in space, where unique conditions unlock new possibilities.  ​Space Forge, a U.K. startup headquartered in Cardiff, Wales, recently raised a £22.6 million (approximately $30 million) Series A to make wafer materials in … Read more