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AI NewsCursor has reportedly surpassed $2B in annualized revenue

Cursor has reportedly surpassed $2B in annualized revenue

8:39 AM IST · March 3, 2026

Cursor has reportedly surpassed $2B in annualized revenue

The AI coding assistant Cursor hassurpassed $2 billionin annualized revenue, a metric calculated by multiplying the latest month’s revenue by 12, according to a Bloomberg source. This individual says the four-year-old startup saw its revenue run rate double over the past three months. The disclosure appears timed to counter a recent wave of skepticism. Last week,tweets went viralquestioning whether Cursor’s momentum was stalling, citing high-profile defections by individual developers to competing tools — particularly Anthropic’s Claude Code. Founded in 2022, Cursor initially sold its product primarily to individual developers. Over the last year, however, it has focused more on landing large corporate buyers, which now account for approximately 60% of revenue, according to Bloomberg. While some individual developers and smaller startups haveswitched from Cursorto Claude Code, which is seen as more competitively priced, that attrition seems to higher-spending corporate customers who tend to stick around longer. Beyond Claude Code, OpenAI’s coding tool Codex is also competing for share in the rapidly growing market for AI-assisted software development. Other startups in the space include Replit, Cognition, and Lovable. Cursor was last valued at$29.3 billionwhen it raised a $2.3 billion funding round co-led by Accel and Coatue in November. Cursor did not immediately respond to our request for comment.

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Top Jira Test Management Tools for Modern QA Teams

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The right Jira test management tools help teams connect testing with development workflows, improve traceability, and maintain software quality as applications scale.

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Authors push back as publishers and agents make claims on Anthropic settlement

Authors push back as publishers and agents make claims on Anthropic settlement

Some authors hoping to receive their share of Anthropic’s $1.5 billion copyright settlement said they received surprising emails this week — emails informing them that someone else was making a claim on their payments. Anthropicsettled a copyright class action suitlast year, after a judge ruled that training AI models on copyrighted material is legal under fair use doctrine, but pirating that material was not. The dealreceived final approvalin July, allowing the payments to move forward. Under the terms of the settlement, the authors of nearly 500,000 titles will be paid $3,000 for each pirated work. If the book is still in-print with a traditional publisher, the money will be split 50-50 between author and publisher. If the book was self-published, or if the publisher reverted the rights by allowing the book to go out-of-print, then the author should get the entire payment. But writers have been posting on social media that publishers seem to be claiming more than their fair share of some payments. For example, mystery and thriller author April Henryasked, “WTF is HarperCollins playing at? They claimed one of my books on the Anthropic Settlement that reverted back at least 17 years ago AND on the same day I got a credit alert saying they had been added as my employer! (which they never were).” Atthe popular blog Writers Beware, Victoria Strauss wrote that she’s been receiving author complaints that fall into two broad categories: one where publishers are seeking payment for works that they no longer have a legitimate claim on (because the rights have reverted), and another where publishers are seeking a full 100% payment when they’re only entitled to 50%. In both cases, Strauss said she’s “reluctant to attribute to malice what can be plausibly explained by poor recordkeeping” — and she noted that some publishers have already said this is a mistake that they’ve asked Anthropic to fix. Similarly,Authors Guild CEO Mary Rasenberger told The New York Timesthat she doesn’t see this as “a grab by the publishers” and that she doesn’t believe publishers are “specifically trying to screw any author over.” Instead, she argued that this is the predictable result of bad record-keeping and a confusing settlement process. Strauss also acknowledged that any complaints she’s seen are just “a peek through a small crack in a massive wall.” “But the unusually large number of reports I’ve received over the last two days, as well as the fact that authors are reporting the exact same errors over and over, suggest to me that these aren’t the kind of routine glitches you might expect from such a large operation, but something much more wide[s]pread and systemic,” she wrote. And publishers aren’t the only ones seeking a cut of the payments. Strauss said she’s gotten complaints that a number of literary agencies are also making claims, which she said is surprising since “agents are not rightsholders in the books that they sell.” Author Courtney Milan (the pen name of former law clerk and law professor Heidi Bond) was more blunt ina post on Bluesky, writing, “Apparently some agents are trying to claim percentages on the Anthropic settlement, and I do not REMOTELY think they should do this, what the fuck, stop that shit!” Milanandthe Authors Guildalso shared more details about how authors can dispute their payment allocations. (One tricky issue: When the rights to a specific book reverted. In order for an author to make a 100% claim on a book, the rights reversion needs to have happened before August 10, 2022, which is the “download date” in the settlement.)

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Travis Kalanick’s Atoms might be getting into the robotaxi business

Travis Kalanick’s Atoms might be getting into the robotaxi business

Earlier this summer, Travis Kalanick’s Atoms announceda $1.7 billion funding round led by Andreessen Horowitz. But even after raising that mega round, the Uber founder remained a bit cagey about what he was actually aiming to do. Nowa story in the Financial Timesoffers more details about Atoms’ goals. The startup is reportedly preparing for a hiring spree, as well as acquisitions, that could make it a major player in the autonomous vehicle industry. In fact, the FT said Atoms has talked to Uber about how the ride-hailing company could use the startup’s robotaxi technology. (Uber has alreadypartnered with a long list of autonomous vehicle companies.) The report also noted that Uber has invested $100 million in Atoms — a figure previouslyconfirmed by TechCrunch. While sources emphasized that robotaxis don’t represent the entirety of Atoms’ plans, this direction seems consistent with Kalanick’s description of the round as “unfinished business.” It also fits withAtoms’ acquisition of Pronto, an autonomous mining startup led by Uber’s former self-driving chief Anthony Levandowski. (Levandowski was convicted of stealing trade secrets andsentenced to 18 months in prison, but was then pardoned by President Donald Trump.)

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ITC Infotech-Happiest Minds Merger Is a Warning Shot for India's Mid-Tier IT

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The ₹7,000-crore merger creates scale. But its bigger significance lies in what it says about the pressure building on India’s mid-sized IT services firms.

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