AI startup company Cursor raised $2.3 billion in funding, with a post-investment valuation of $29.3 billion.

Artificial intelligence programming startup Cursor announced on November 13th local time that it had completed a $2.3 billion Series D financing round, with a post-investment valuation of $29.3 billion. The round was jointly led by Accel and new investor Coatue, with existing investors Thrive Capital and DST Global also participating. Google and Nvidia have also invested. Cursor stated that the company's annual revenue has surpassed $1 billion.