Cursor Nears $2B Raise at $50B Valuation, Doubling Prior Value with NVIDIA Backing

AI coding startup Cursor is close to securing at least $2 billion in funding at a $50 billion pre-money valuation—nearly double its $29.3 billion post-money value from six months prior—with strategic backer NVIDIA Corp alongside leaders Thrive Capital and Andreessen Horowitz. This builds on yesterday's Bloomberg report naming NVIDIA as a participant in the round, citing deal sources, following Cursor's $900 million raise in June 2025. The startup projects over $6 billion in revenue by end-2026, highlighting explosive AI tool demand and reinforcing bullish momentum for NVIDIA Corp shares amid its AI ecosystem investments.