Anthropic’s launch of Claude Cowork, an AI tool for collaborative work, sparked a global software stock sell-off worth $285 ...
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
Oracle's debt is on the rise. Free cash flow is very much in the red. Oracle's leverage makes it a high-risk, high-potential-reward opportunity in AI. The tech giant reported an impressive 54% ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Anysphere, the company that makes AI coding assistant darling Cursor, isn’t thinking about an IPO any time soon, its co-founder CEO Michael Truell said onstage Monday at Fortune’s AI Brainstorm ...
What if the tools you rely on daily suddenly felt outdated, obsolete, even? That’s the bold claim many developers are making about Visual Studio Code in light of the release of Cursor 2, a new update ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...
Cursor has surpassed $1B in annualized revenue, with sales-led revenue growing 100-fold in 2025. Its latest funding round drew major investors, including Coatue, Nvidia, Google, and Accel Its ...
Cofounders Aman Sanger, Arvid Lunnemark, Sualeh Asif and Michael Truell (left to right) met at MIT and decided to build Cursor, an AI coding tool that's now valued at $29.3 billion. The cofounders are ...
Nov 13 (Reuters) - Code-generation startup Cursor nearly tripled its valuation to $29.3 billion in five months after raising $2.3 billion in its latest funding round, as artificial intelligence ...
Cursor announced it has closed a $2.3 billion funding round at a $29.3 billion post-money valuation. The startup built a popular AI coding tool that helps software developers generate, edit and review ...
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