"We have a system where folks can ask any question about the company and get it answered by an AI,"
"a few forward-deployed engineers internally embedded throughout, building custom tooling right now for operations, for sales, and experimenting."
Cursor provides an AI code editing tool popular with software engineers and reached a $29.3 billion valuation roughly two years after its first product release. Leading AI labs such as OpenAI and Anthropic are building coding tools, increasing competition. Cursor integrates the best available external base models, supplements them with proprietary models when needed, and focuses on a user interface optimized for AI coding. Cursor automated roughly 80% of employee support tickets and deployed an internal AI communication system that answers company questions. Forward-deployed engineers are building custom tooling for operations and sales. Cursor reported $1 billion in annualized revenue and raised $2.3 billion, and is prioritizing feature development over an immediate IPO.
Read at Fortune
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