Cursor raises $2.3 billion at $29.3 billion valuation as Coatue, Nvidia and Google join cap table

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Cursor, a San Francisco code-generation startup, lifted its valuation to $29.3 billion after raising $2.3 billion in a funding round backed by major investors like Nvidia, Google and Accel. The latest financing comes amid a sharp rise in investor interest in AI tools designed for developers.