Cursor, the AI coding assistant, announced it has acquired Graphite, a startup that uses artificial intelligence to review and debug code. While the deal terms were not disclosed, reports indicate Cursor paid well above Graphite's last $290 million valuation. The acquisition adds Graphite's "stacked pull request" technology to Cursor's Bugbot product, aiming to streamline the transition from AI‑generated code to production. The move reflects a broader trend of AI tools targeting the code‑review market, with competitors like CodeRabbit and Greptile also raising sizable funding. Shared investors such as Accel and Andreessen Horowitz link the two companies, and the deal follows Cursor’s recent spree of acquisitions, including Growth by Design and talent from Koala. Read more →

Cursor, the AI coding startup, has launched Visual Editor, a new feature that lets developers and designers modify web‑app aesthetics using natural‑language prompts. The tool blends design controls with code, offering real‑time CSS adjustments and a chat interface powered by Cursor’s AI. Aimed at reducing friction between design and development teams, Visual Editor expands Cursor’s platform beyond pure coding and positions the company against competitors in the burgeoning AI‑driven software creation market. Read more →

At Fortune’s AI Brainstorm conference, Cursor co‑founder and CEO Michael Truell said the company has no near‑term IPO plans and is instead concentrating on expanding its product suite. He highlighted the rollout of home‑grown large language models, a shift to a usage‑based pricing model that passes API fees directly to customers, and new cost‑management tools for enterprises. Truell also outlined future priorities, including more complex agentic functions such as automated bug fixing and a deeper focus on serving whole development teams. He positioned these moves as a way to stay competitive amid growing AI coding‑assistant rivals. Read more →

Anthropic has introduced Claude Code as a beta feature within Slack, allowing developers to initiate full coding sessions directly from chat threads. The integration expands on existing Slack capabilities by automatically selecting repositories, posting progress updates, and linking to pull requests without leaving the conversation. This move underscores a broader industry shift toward embedding AI coding assistants in collaboration platforms rather than traditional IDEs. While competitors like Cursor, GitHub Copilot, and OpenAI Codex are also exploring similar integrations, Anthropic’s rollout highlights the strategic importance of workflow‑centric AI tools. Security and dependency concerns accompany the new functionality, prompting teams to consider access controls and platform reliability. Read more →

At TechCrunch Disrupt, solo investor Elad Gil said AI remains unpredictable but several segments now have clear frontrunners. He identified foundational model providers such as Google, Anthropic, OpenAI, Meta, xAI and Mistral as dominant, and noted AI‑assisted coding, medical transcription and customer‑support tools are also converging around a handful of firms. Gil pointed to fintech, accounting, AI security and other areas as still wide open, emphasizing that enterprise enthusiasm for AI can generate rapid revenue while long‑term sustainability remains uncertain. Read more →

Cursor has released a new version of its integrated development environment, IDE 2.0, featuring a multi‑agent interface that can run tasks in parallel. At the same time, the company introduced Composer, a proprietary coding model built with reinforcement learning and a mixture‑of‑experts architecture. Composer is described as a frontier model that is four times faster than similarly intelligent models, emphasizing speed over raw intelligence. The IDE continues to support external large‑language‑model providers such as OpenAI, Google, and Anthropic, while the new model aims to improve developer productivity through rapid, AI‑driven assistance. Read more →

Anthropic announced the release of Claude Sonnet 4.5, a frontier AI model aimed at production‑ready software development. The company says the model delivers industry‑leading results on coding benchmarks such as SWE‑Bench Verified and can autonomously build full applications, provision databases, purchase domains, and even conduct SOC 2 audits. Claude Sonnet 4.5 is accessible through the Claude API and chatbot with pricing unchanged from the prior version. Anthropic also introduced a Claude Agent SDK and a research preview called “Imagine with Claude,” underscoring a rapid development cycle that positions the firm against rivals like OpenAI’s GPT‑5. Read more →

Figma has unveiled updates that let artificial‑intelligence models interact directly with its design platform. The Model Context Protocol (MCP) server now supports Figma Make, allowing AI agents to retrieve the underlying code behind prototypes instead of just visual renderings. The expansion supports tools from Anthropic, Cursor, Windsurf and Visual Studio Code, and enables remote access from AI coding assistants, browser‑based models and integrated development environments. Upcoming features include a Design Snapshot that turns Make snapshots into editable layers and an AI‑prompt editing mode currently in testing. Read more →

CodeRabbit, the AI‑powered code review platform founded by former FluxNinja CEO Harjot Gill, announced a $60 million Series B financing that values the company at $550 million. The startup, launched in early 2023 after Gill observed widespread adoption of AI coding assistants like GitHub Copilot, now serves more than 8,000 businesses, including Chegg, Groupon and Mercury. Riding rapid growth—20 percent month‑over‑month and over $15 million in annual recurring revenue—CodeRabbit aims to cut human code‑review effort in half. The round was led by Scale Venture Partners with participation from NVentures and CRV, while competitors such as Graphite and Greptile also pursue funding. Read more →

CodeRabbit, the AI‑powered code review platform founded by former FluxNinja CEO Harjot Gill, announced a $60 million Series B financing that values the company at $550 million. The startup, launched in early 2023 after Gill observed widespread adoption of AI coding assistants like GitHub Copilot, now serves more than 8,000 businesses, including Chegg, Groupon and Mercury. Riding rapid growth—20 percent month‑over‑month and over $15 million in annual recurring revenue—CodeRabbit aims to cut human code‑review effort in half. The round was led by Scale Venture Partners with participation from NVentures and CRV, while competitors such as Graphite and Greptile also pursue funding. Read more →

CodeRabbit, the AI‑powered code review platform founded by former FluxNinja CEO Harjot Gill, announced a $60 million Series B financing that values the company at $550 million. The startup, launched in early 2023 after Gill observed widespread adoption of AI coding assistants like GitHub Copilot, now serves more than 8,000 businesses, including Chegg, Groupon and Mercury. Riding rapid growth—20 percent month‑over‑month and over $15 million in annual recurring revenue—CodeRabbit aims to cut human code‑review effort in half. The round was led by Scale Venture Partners with participation from NVentures and CRV, while competitors such as Graphite and Greptile also pursue funding. Read more →

CodeRabbit, the AI‑powered code review platform founded by former FluxNinja CEO Harjot Gill, announced a $60 million Series B financing that values the company at $550 million. The startup, launched in early 2023 after Gill observed widespread adoption of AI coding assistants like GitHub Copilot, now serves more than 8,000 businesses, including Chegg, Groupon and Mercury. Riding rapid growth—20 percent month‑over‑month and over $15 million in annual recurring revenue—CodeRabbit aims to cut human code‑review effort in half. The round was led by Scale Venture Partners with participation from NVentures and CRV, while competitors such as Graphite and Greptile also pursue funding. Read more →

CodeRabbit, the AI‑powered code review platform founded by former FluxNinja CEO Harjot Gill, announced a $60 million Series B financing that values the company at $550 million. The startup, launched in early 2023 after Gill observed widespread adoption of AI coding assistants like GitHub Copilot, now serves more than 8,000 businesses, including Chegg, Groupon and Mercury. Riding rapid growth—20 percent month‑over‑month and over $15 million in annual recurring revenue—CodeRabbit aims to cut human code‑review effort in half. The round was led by Scale Venture Partners with participation from NVentures and CRV, while competitors such as Graphite and Greptile also pursue funding. Read more →

OpenAI CEO Sam Altman revealed a special one‑time award for researchers and software engineers in applied engineering, scaling and safety. Payouts range from hundreds of thousands to mid single‑digit millions, paid quarterly over two years with cash or stock options. About 1,000 employees – roughly one‑third of the workforce – qualify. The move coincides with OpenAI’s plans to let more staff cash out vested stock ahead of a potential valuation rise from $300 billion toward $500 billion, and comes as the company battles aggressive talent poaching by Meta, xAI and former insiders. Read more →

OpenAI CEO Sam Altman revealed a special one‑time award for researchers and software engineers in applied engineering, scaling and safety. Payouts range from hundreds of thousands to mid single‑digit millions, paid quarterly over two years with cash or stock options. About 1,000 employees – roughly one‑third of the workforce – qualify. The move coincides with OpenAI’s plans to let more staff cash out vested stock ahead of a potential valuation rise from $300 billion toward $500 billion, and comes as the company battles aggressive talent poaching by Meta, xAI and former insiders. Read more →

AI-powered software development is undergoing a significant change, with a shift from code-editing tools to terminal-based tools. This change is driven by the growth of agentic AI and vibe coding, with major labs releasing command-line coding tools. Terminal-based tools offer a more versatile and powerful interface for developers, allowing them to tackle problems beyond coding. Read more →

Cognition, the startup behind the AI coding agent Devin, has acquired AI coding startup Windsurf. The acquisition comes after Google hired away Windsurf's CEO and research leaders, and OpenAI's $3 billion offer to acquire Windsurf expired. Cognition is acquiring Windsurf's IP, product, and employees, and plans to integrate Windsurf's capabilities into its own products. Read more →