What Anysphere (Cursor) does
Anysphere (doing business as Cursor) is building an AI-native software development environment centered on coding agents—aimed at shifting software creation from “assisted editing” toward delegating larger portions of engineering work to autonomous tools that can plan, implement, and iterate across repositories. Cursor is delivered as a developer IDE (based on a VS Code fork), plus supporting agent surfaces such as cloud agents and a CLI, with enterprise capabilities for teams. The company has also been pursuing an expanding workflow footprint beyond editing—e.g., acquisitions/joins intended to cover adjacent bottlenecks like code review—while simultaneously investing in agent runtime reliability (execution environments, faster starts, and security controls). In August 2026, Cursor announced it has been acquired by SpaceX, which the company frames as enabling access to additional GPU capacity and continued model/training scaling to support more capable agent workflows. As a result of the acquisition, Anysphere’s prior venture-funding strategy (seed through Series D) has transitioned to being part of a strategic corporate owner with long-term compute and scaling resources.