The channel, the producer of AI Assistant Cursor, is growing so fast that it is not on the market to be sold, even Opeli, the source close to the company informs TechCrunch.
It was a hot goal. According to one other source, the cursor is one of the hottest AI coding tools, and its revenues grow astronomically-they are on average every two months. According to two sources, the current average annual revenues, which have about $ 300 million.
The company had previously left the early discussions about the takeover of OpenAI, after the manufacturer Chatgpt approached the cursor, two sources close to the company were confirmed and Previously reported CNBC. According to one of those sources, according to one of those sources.
The cursor rejected the offers because the startup wants to remain independent, he said two people close to the company. Instead, what Kaniasphere talked about raising capital with a valuation of about $ 10 billion, Bloomberg informed last month.
Although it didn’t catch any, OpenAi didn’t surrender the purchase of a fixed AI coding startup. CNBC announced that Opennai talked to over 20 others.
And then it became serious during the strongest startup of artificial intelligence coding, Windsurf, with an offer to take over $ 3 billion, reports Bloomberg last week. While Windsurf is a relatively smaller company, its ARR is about $ 100 million, according to a source of $ 40 million in February.
Windsurf is also gaining popularity in the programmers’ community, and its coding product is designed to work with Legacy Enterprise Systems. Windsurf didn’t answer TechCrunch’s request for comment. Opeli refused to comment on his acquisition talks.
Opeli is probably shopping because he is looking for further development areas, reminiscent of competitors, reminiscent of Google’s Gemini and China Deepseek, exert price pressure on access to fundamental models.
What’s more, anthropic and Google have recently released AI models that exceed OpenAI models on comparative tests, which increasingly became the preferred alternative for programmers.
While Opeli could build his own AI coding assistant, the purchase of a product that is already popular among programmers implies that the chatgpt-creator wouldn’t have to start from scratch to build this business.
VC, which invest in startups of programmers’ tools, definitely observe. Speculating about the OpenAI strategy, Chris Farmer, partner and general director Signalfire said TechCrunch from the company: “They will be acquired in the application layer. This is existential for them.”