Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported . The round was led by a returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel and DST Global.

The massive round is Anysphere’s third fundraise in less than a year. The three-year-old startup secured its previous capital haul of $100 million at a pre-money valuation of $2.5 billion late last year, as TechCrunch was first to report.

AI coding assistants, often referred to as ‘vibe coders,’ have emerged as one of AI’s most popular applications, with Cursor leading the category. Anysphere’s annualized revenue (ARR) has been doubling approximately every two months, a person familiar with the company told TechCrunch. The company has su

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