Cursor is nearing a funding round of at least $2 billion, with returning investors Thrive and Andreessen Horowitz expected to lead the financing at a $50 billion valuation. The deal terms are not final and may still change.
They called out about half a dozen particular instances of what they considered to be bullshit technology. We were too busy laughing sympathetically to whip out a laptop to make notes, but as best as we can recall the sequence, they were: Containers Kubernetes The "Cloud" Anything at all "as a Service" The Blockchain - anything, everything, based on it And now, arguably the biggest and worst of all, "generative AI"
Major RAM makers Samsung, SK Hynix, and Micron have shifted their production to focus on High-Bandwidth Memory (HBM) needed for AI. This has led to shortages of standard DRAM and NAND chips used in smartphones, laptops, and medical devices. Driving hardware prices up. Due to the memory shortage, building non-AI electronics is becoming expensive. By early 2026, prices for standard computer memory and storage drives (SSDs) had surged