Cursor, an AI startup focused on code completion tools, has recently raised $60 million in Series A funding, bringing its valuation to $400 million. Founded by four MIT alumni, Cursor's software is being utilized by engineers at prominent AI companies like OpenAI and Midjourney. The tool allows users to write and edit code efficiently, attracting a customer base of over 30,000 developers.
Cursor's innovative approach to coding tools positions it as a leader in the crowded AI coding market. The software integrates advanced AI models, enabling features like automatic code prediction and editing, which significantly enhance productivity for developers. As the demand for AI-driven solutions grows, Cursor aims to automate up to 95% of routine coding tasks, allowing engineers to focus on more creative aspects of their work.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.