Anysphere Inc., the developer of Cursor, an AI-powered code editor powered by a16z, is looking to raise hundreds of millions of dollars to propel the company to a valuation of $10 billion, having valued Anysphere at $2.50 billion in January. Anysphere has surpassed $100 million in annual recurring revenue in the past 12 months and has previously received about $175 million in venture funding from investors including Andreessen Horowitz.
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