2025-06-06
Cursor AI Rockets to $9.9 Billion Valuation with Massive $900 Million Raise
In a striking show of investor confidence in the future of AI-powered software development, Anysphere, the company behind the AI code editor Cursor, has announced a monumental $900 million funding round, pushing the startup’s valuation to $9.9 billion. The round was led by Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global — […]
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2025-03-18
AI coding startup Cognition AI behind Devin hits $4 billion valuation
Cognition AI has secured hundreds of millions in new funding at a nearly $4 billion valuation, with venture capital firm 8VC leading the round.<br /> The article AI coding startup Cognition AI b [...]
2025-05-02
Apple could spend $900 million on tariffs over the next quarter
In an earnings call for the quarter ending in March, Apple CEO Tim Cook said the company expects to pay around $900 million for US tariffs for the months of April to June. Apple saw limited impacts fr [...]
2025-03-03
Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
Anthropic secures $3.5 billion in Series E funding at a $61.5 billion valuation as the AI company's revenue grows 1,000% year-over-year, intensifying competition with OpenAI amid massive industry [...]
2025-01-22
Google is investing another billion dollars in Anthropic
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to com [...]
2025-06-20
NYC proposes 5 percent raise for rideshare drivers in a bid to appease Uber and Lyft
New York City's Taxi and Limousine Commission (TLC) have settled on new minimum-wage rules for rideshare drivers, Bloomberg reports. Drivers will receive a five percent raise under the new propos [...]
2025-05-02
The White House's proposed budget would cancel NASA's Gateway space station project
The Trump administration's preliminary 2026 budget proposes the biggest single-year cut to NASA funding in the agency's 67-year history. The cuts are part of the White House's broader g [...]
