AI coding startup Cursor is reportedly in talks to raise over $2 billion at a $50 billion pre-money valuation, marking a significant follow-on round. This financing, potentially led by Thrive and Andreessen Horowitz with participation from Battery Ventures and Nvidia, comes as Cursor forecasts ending 2026 with an annualized revenue run rate exceeding $6 billion, up from $2 billion in February. The funds will likely support continued enterprise growth and expansion.
