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Rashi Shrivastava, Forbes Staff

Cursor cofounders Aman Sanger, Arvid Lunnemark, Sualeh Asif and Michael Truell (left to right) met at MIT and decided to build Cursor, an AI coding tool that's now valued at $29.3 billion. The cofounders are newly minted billionaires thanks to its latest fundraise, according to Forbes estimates.

Four cofounders of popular AI coding tool Cursor are now billionaires

The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.

  • By Rashi Shrivastava

This startup is racing Duolingo to replace human language tutors with AI

Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo.

  • By Rashi Shrivastava

Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree

OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.

  • By Rashi Shrivastava
Double exposure photograph of a portrait of Mark Zuckerberg and the Meta Group logo at Kerlouan in Brittany in France on April 11 2025. (Photo by Vincent Feuray / Hans Lucas / Hans Lucas via AFP) (Photo by VINCENT FEURAY/Hans Lucas/AFP via Getty Images)

Zuckerberg squandered his AI talent. Now he’s spending billions to replace it.

At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lacklustre. But Zuckerberg’s frenzied hiring spree hasn’t stopped the departures.

  • By Rashi Shrivastava

Asides

Can Meta hire its way to superintelligence?

Can Meta hire its way to superintelligence?

As the race to build powerful AI models and launch impressive products intensifies, companies are shelling out top dollar for the researchers making these systems.

  • By Rashi Shrivastava
These startups are helping businesses show up In AI search summaries

These startups are helping businesses show up in AI search summaries

Businesses are scrambling to be cited in AI-generated answers on Google, Perplexity and ChatGPT. A new crop of nascent search engine optimization startups wants to help them stand out.

  • By Rashi Shrivastava

AI is making the internet’s bot problem worse. This $2 billion startup is on the front lines

Persona helps companies like OpenAI, LinkedIn and Reddit verify the identities of millions of users at a time when AI agents have made it increasingly difficult to do so. Now, it has $200 million in fresh funding from top VC firms.

  • By Rashi Shrivastava
OpenAI

New data shows just how badly OpenAI and Perplexity are screwing over publishers

AI companies promised publishers their AI search engines would send them more readers via referral traffic. New data shows that’s not the case.

  • By Rashi Shrivastava

These startups are making sure AI companies pay up for taking content

With publishers scrambling to adjust to a world in which AI scrapes and repurposes their work, a new cohort of companies is emerging to forge licensing deals between content creators and AI companies.

  • By Rashi Shrivastava

Coders worry the AI from this $2 billion startup could replace their jobs

Backed by $200 million in funding, 28-year-old Scott Wu and his team of competitive coders at Cognition are building an AI tool that can program entirely on its own, like an “army of junior engineers.”

  • By Rashi Shrivastava
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