Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

The AI coding assistant Cursor has surpassed $2 billion in annualized revenue, according to a Bloomberg source. This individual says the four-year-old startup saw its revenue run rate double over the ...

AI coding assistant Cursor announced that it has acquired Graphite, a startup that uses AI to review and debug code. Although the terms of the deal were not disclosed, Axios reported that Cursor paid ...

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.

The 300-person startup hopes bringing designers aboard will give it an edge in an increasingly competitive AI software market. Cursor, the wildly popular AI coding startup, is launching a new feature ...

Modern IDEs are evolving into AI-powered hubs for coding, content, and productivity. Get your scorecards out, we have yet another update in the ever expanding world of code editors. The barrier to ...

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...

Cofounders Aman Sanger, Arvid Lunnemark, Sualeh Asif and Michael Truell (left to right) met at MIT and decided to build Cursor, an AI coding tool that's now valued at $29.3 billion. The cofounders are ...

Cursor, a startup that makes an AI coding tool beloved by engineers, has raised $2.3 billion at a $29.3 billion valuation—nearly 12 times the value the company had in January. Accel, which invested in ...

Coding automation platform Cursor announced today that it has raised $2.3 billion in Series D funding at a $29.3 billion post-money valuation. Cursor has certainly signed on to that vision as well.