OpenAI-Backed Startup Anysphere Raises $400M In New Funding Round
Portfolio Pulse from Benzinga Neuro
Anysphere, an AI startup backed by OpenAI, is raising a new funding round with a valuation of at least $400 million. The company, known for its AI code editor Cursor, has previously raised $11 million. This funding round is supported by A16z.

July 16, 2024 | 1:04 pm
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Rain AI, another OpenAI-backed startup, recently appointed a former Apple chip executive to lead its hardware engineering division, which could impact Apple's talent pool and innovation in AI semiconductors.
The appointment of a former Apple chip executive to lead Rain AI's hardware engineering division could result in a talent drain and increased competition in AI semiconductor innovation, potentially impacting Apple's future projects.
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