BlockBeats News, April 22, AI programming startup Cursor developer Anysphere completed a $400,000 Pre-Seed funding round in April 2022, with investments from Alameda Research and Heroic Ventures. Alameda invested $200,000 in Anysphere, acquiring approximately 5% of the shares. According to FTX bankruptcy documents, the FTX bankruptcy trustee sold Alameda Research's stake in Anysphere for $200,000 in April 2023.
SpaceX announced today a partnership with Cursor to jointly develop the next generation of coding and knowledge work AI. The specific terms include Cursor granting SpaceX options to acquire the company for $60 billion later this year, with a fallback option to pay $10 billion as a collaboration fee. Cursor is now valued at $60 billion, and based on the current valuation, the equity previously sold by FTX is worth approximately $3 billion.
