Anysphere, maker of AI coding assistant Cursor, is growing so rapidly that its not in the market to be sold, even to OpenAI, a source near the company informs A Technology NewsRoom.Its been a hot target.
Cursor is one of the most popular AI-powered coding tools, and its income has actually been growing astronomically doubling on average every 2 months, according to another source.
Anyspheres existing average yearly recurring profits has to do with $300 million, according to the 2 sources.The company previously left early acquisition discussions with OpenAI, after the ChatGPT maker approached Cursor, the two sources near the business verified, and CNBC formerly reported.
Anysphere has actually likewise received other acquisition provides that the business didnt think about, according to one of these sources.Cursor declined the deals because the start-up wishes to remain independent, stated the two people near to the business.
Rather, Anysphere has remained in speak to raise capital at about a $10 billion assessment, Bloomberg reported last month.Although it didnt nab Anysphere, OpenAI didnt give up on buying an established AI coding tool start-up.
OpenAI talked with more than 20 others, CNBC reported.And then it buckled down over the next-fastest-growing AI coding start-up, Windsurf, with a $3 billion acquisition deal, Bloomberg reported last week.
While Windsurf is a relatively smaller company, its ARR is about $100 million, up from $40 million in ARR in February, according to a source.Windsurf has actually been gaining appeal with the designer community, too, and its coding product is created to deal with legacy business systems.
Windsurf did not respond to A Technology NewsRooms ask for remark.
OpenAI declined to talk about its acquisition talks.OpenAI is most likely shopping due to the fact that its searching for its next development locations as rivals such as Googles Gemini and Chinas DeepSeek put rates pressure on access to foundational models.Moreover, Anthropic and Google have actually recently released AI models that surpass OpenAIs designs on coding criteria, significantly making them a preferred choice for developers.While OpenAI could construct its own AI coding assistant, buying a product that is currently popular with developers indicates the ChatGPT-maker wouldnt need to go back to square one to construct this business.VCs who invest in developer tool startups are certainly viewing.
Speculating about OpenAIs technique, Chris Farmer, partner and CEO at SignalFire, informed A Technology NewsRoom of the company, Theyll be acquisitive at the app layer.
Its existential for them.