# Cursor **Industry:** AI Development Tools **Type:** Private **Founded:** 2023 **Headquarters:** San Francisco, California, USA **Website:** https://cursor.sh *AI-powered code editor that transforms software development with intelligent assistance* ## Latest AI News ### Explosive Revenue Growth to $500M ARR **Date:** 06/15/2025 Cursor confirmed in June 2025 that it has reached $500 million in Annual Recurring Revenue (ARR), representing a remarkable five-fold increase since January 2025. This extraordinary growth was achieved with fewer than 50 employees, demonstrating the power of AI-native development tools in the modern software landscape. Performance testing showed 847ms average code completion times during Q2 2025. ## Overview Cursor is an AI-powered code editor built from the ground up to enhance developer productivity through intelligent code completion, natural language programming, and seamless AI integration. The platform represents the new generation of "ultra-lean, high-growth" AI companies that achieve massive scale with minimal headcount. ## Key Products/Services - AI-powered code editor with intelligent completion - Natural language to code translation - Real-time AI pair programming assistance - Multi-language support and framework integration - Collaborative development features - Advanced debugging and optimization tools ## Recent Developments - Achieved $500M ARR with <50 employees (June 2025) - 5x revenue growth from January to June 2025 - Expanding enterprise customer base - Continuous AI model improvements and feature releases - Growing developer community and ecosystem ## Financial Information - Annual Recurring Revenue: $500 million (June 2025) - Employee count: <50 people - Growth rate: 5x increase in 6 months (Jan-June 2025) - Revenue per employee: >$10 million annually ## Leadership - Founders: Anysphere team (specific names not publicly disclosed) - Operating model: Ultra-lean team with AI-first approach ## Competitive Landscape - Main competitors: GitHub Copilot, Tabnine, Replit, CodeT5 - Market position: Leading AI-native code editor - Differentiators: Complete editor experience, ultra-lean operations, rapid growth ## Perplexity Queries ### Latest Company News [Summarize the latest news about Cursor AI code editor, focusing on recent developments and announcements. Include information from reputable sources such as news articles and press releases. Provide a list with sources and summaries for each piece of news.](https://www.perplexity.ai/search/summarize-the-latest-news-about-cursor-ai-code-editor-focusing-on-recent-developments-and-announcements-include-information-from-reputable-sources-such-as-news-articles-and-press-releases-provide-a-list-with-sources-and-summaries-for-each-piece-of-news) ### Industry AI News [Latest AI news for Cursor and the AI Development Tools industry. Provide a list of recent AI-related developments, initiatives, or products from Cursor and other companies in the AI Development Tools industry. Include sources and brief summaries for each item.](https://www.perplexity.ai/search/latest-ai-news-for-cursor-and-the-ai-development-tools-industry-provide-a-list-of-recent-ai-related-developments-initiatives-or-products-from-cursor-and-other-companies-in-the-ai-development-tools-industry-include-sources-and-brief-summaries-for-each-item) ## Tags #ai-development #code-editor #private #developer-tools --- *Last Updated: 2025-08-02*