Cursor is reportedly raising funds at $9 billion valuation from Thrive, a16z, and Accel: https://t.co/fQ4IlEoAsS by TechCrunch #infosec #cybersecurity #technology #news
Cursor is reportedly raising funds at $9 billion valuation from Thrive, a16z, and Accel | TechCrunch https://t.co/m9RvQR7gbl
MoneyFellows raises $13M to take its group savings model outside Egypt: https://t.co/2Odo0oFuLX by TechCrunch #infosec #cybersecurity #technology #news
Anthropic AI, an artificial intelligence startup backed by Amazon and Google, is initiating a share buyback program for current and former employees. The company, valued at $61.5 billion, is allowing eligible staff members with at least two years of tenure to sell up to 20% of their equity, capped at $2 million per individual. This valuation aligns with Anthropic's recent $3.5 billion funding round in March, highlighting the competitive landscape for AI talent and the strategic use of buybacks for employee retention. Separately, Cursor, another AI-related company, is reportedly raising funds at a $9 billion valuation from investors including Thrive, a16z, and Accel. Additionally, MoneyFellows has raised $13 million to expand its group savings model beyond Egypt.