AI coding editor Cursor (Anysphere) is in talks to raise at least $2 billion at a $50 billion pre-money valuation, nearly doubling its $29.3 billion valuation from six months ago, TechCrunch reports. Andreessen Horowitz and Thrive are expected to lead the round, with Nvidia as a strategic investor. The company reached $2 billion in annualized revenue by February 2026 and projects over $6 billion ARR by year-end — roughly tripling in ten months. Despite competition from Claude Code and OpenAI Codex, Cursor has achieved positive gross margins on enterprise accounts by building a proprietary Composer model and integrating lower-cost inference alternatives.