AI developer Anysphere, supported by a16z, is in talks for financing, with a valuation potentially reaching $10 billion

ChainCatcher news, according to TechInAsia, AI-driven code editor Cursor developer Anysphere Inc. is seeking to raise hundreds of millions of dollars, which could bring the company's valuation close to $10 billion, a significant increase from its $2.5 billion valuation in January of this year.

The startup has grown rapidly, with annual recurring revenue exceeding $100 million within 12 months. Anysphere has previously raised approximately $175 million in venture capital from investors including Andreessen Horowitz.