Anysphere has announced a significant funding milestone, securing $900 million at a valuation of $9.9 billion from investors such as Thrive, Accel, Andreessen Horowitz, and DST to advance AI coding research through its product Cursor. This funding round underscores the rapid growth and adoption of Cursor, which has achieved over $500 million in annual recurring revenue and is utilized by more than half of the Fortune 500 companies, including notable names like NVIDIA, Uber, and Adobe. The company, which was founded to innovate the coding process, is now poised to further its research and development efforts in the AI coding arena with this newfound financial backing.