AI

Cursor has growing revenue and a $29 billion valuation—but CEO Michael Truell isn’t thinking about an IPO

Cursor has growing revenue and a $29 billion valuation—but CEO Michael Truell isn’t thinking about an IPO

CEO Michael Truell says the AI coding startup hit $1 billion in annualized revenue last month—but it’s focused on building features, not going public.

By Beatrice Nolan

December 11, 2025

Latest Stories

Singapore’s government is also eager to move towards introducing AVs on its streets. In July, the country established a 17-member committee to drive the rollout of AVs.

ComfortDelGro joins Singapore’s race for autonomous vehicles with new shuttle trials and public rides by 2026

By Angelica Ang

Personal Finance

Today’s best high-yield savings account rates on Dec. 11, 2025: Earn up to 5.00% APY

By Glen Luke Flanagan

Personal Finance

Invest in CDs now to get up to 4.18% APY. Here are the best CD rates for Dec. 11, 2025

By Glen Luke Flanagan

WASHINGTON, DC - DECEMBER 10: Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. The Fed announced it has lowered interest rates by a quarter of a percentage point to a range of 3.5 percent to 3.75 percent in the third rate cut this year. (Photo by Chip Somodevilla/Getty Images)

Fed’s Powell voices fear of K-shaped economy: ‘How sustainable it is, I don’t know’

More AI

Four men pose for photo

Exclusive: Surf, an AI platform just for crypto, raises $15 million

By Carlos Garcia

December 10, 2025

Inside tractor maker CNH’s push to bring more artificial intelligence to the farm

Inside tractor maker CNH’s push to bring more artificial intelligence to the farm

December 10, 2025

New contract shows Palantir is working on a tech platform for another federal agency that works with ICE

New contract shows Palantir is working on a tech platform for another federal agency that works with ICE

By Jessica Mathews

December 10, 2025

Databricks CEO speaking on stage.

Databricks CEO Ali Ghodsi says his company will be worth $1 trillion by doing these three things

By Beatrice Nolan

December 10, 2025

CoreWeave CEO: Despite seesawing stock, IPO was ‘incredibly successful’ after challenges of Liberation Day tariff timing

CoreWeave CEO: Despite seesawing stock, IPO was ‘incredibly successful’ after challenges of Liberation Day tariff timing

By Sharon Goldman

December 10, 2025

Arm CEO on stage at Brainstorm AI

Physical AI robots will automate ‘large sections’ of factory work in the next decade, Arm CEO says

By Beatrice Nolan

December 9, 2025

‘Customers don’t care about AI’—they just want to boost cash flow and make ends meet, Intuit CEO says

‘Customers don’t care about AI’—they just want to boost cash flow and make ends meet, Intuit CEO says

December 9, 2025

A man and robot sitting opposite each other.

The problem with ‘human in the loop’ AI? Often, it’s the humans

December 9, 2025

OpenAI COO Brad Lightcap says ‘code red’ will force the company to focus, as the ChatGPT maker ramps up enterprise push

OpenAI COO Brad Lightcap says ‘code red’ will force the company to focus, as the ChatGPT maker ramps up enterprise push

By Beatrice Nolan

December 9, 2025

An Optimus robot serving in a restaurant

Tesla promotes Optimus as its next big breakthrough, but one robot’s collapse has sparked doubts about their current level of autonomy

By Marco Quiroz-Gutierrez

December 9, 2025

‘But is that real work? It’s not’ Business leaders still don’t trust AI agents, Harvard survey shows

‘But is that real work? It’s not’ Business leaders still don’t trust AI agents, Harvard survey shows

By Patrick Kulp and Tech Brew

December 9, 2025

Sam Altman (left) with Jimmy Fallon

Even the man behind ChatGPT, OpenAI CEO Sam Altman, is worried about the ‘rate of change that’s happening in the world right now’ thanks to AI

By Preston Fore

December 9, 2025

A close-up of a woman using Google Glass

Google says its first Gemini-powered smart glasses are coming next year. Here’s what they can do

December 9, 2025

Gen Z engineering apprentice

With millions of Gen Zers unemployed globally, the U.K. is investing $965 million to get young people working in AI, hospitality, and engineering

By Emma Burleigh

December 9, 2025

Man carrying a cardboard box

The ‘forever layoffs’ era hits a recession trigger as corporates sack 1.1 million workers through November

By Nick Lichtenberg and Eva Roytburg

December 9, 2025

interview

AI isn’t the reason you got laid off (or not hired), top staffing agency says. You don’t have the right skills

By Nick Lichtenberg

December 9, 2025

worker

HBR: Only 6% of companies fully trust AI agents to handle core business processes

By Nick Lichtenberg

December 9, 2025

Trump

AI doctors will be good at science but bad at business, and big talk with little action means even higher drugs prices: 10 healthcare predictions for 2026 from top investors

By Bob Kocher, Bryan Roberts and Siobhan Nolan Mangini

December 9, 2025

AI’s reliance on patterns can lead to ‘somewhat mediocre’ results, warns CEO of design consultancy IDEO

AI’s reliance on patterns can lead to ‘somewhat mediocre’ results, warns CEO of design consultancy IDEO

By Andrew Staples

December 9, 2025

Mark Zandi, chief economist at Moody's Analytics, pictured in May 2023, warns of record debt issuance by AI companies during an infrastructure boom.

Borrowing by AI companies represents a ‘mounting potential threat to the financial system,’ top economist says

December 9, 2025

Man in dark jacket sitting on a chair

Amazon’s new Alexa aims to detangle household chaos, like who fed the dog and the name of that restaurant everyone wanted to try

By Amanda Gerut

December 9, 2025

Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands, after identifying it as ‘the most problematic thing’

Google Cloud CEO lays out 3-part strategy to meet AI’s energy demands, after identifying it as ‘the most problematic thing’

December 9, 2025

Cursor CEO Michael Truell

Cursor developed an internal AI help desk that handles 80% of its employees’ support tickets, says the $29 billion startup’s CEO

By Beatrice Nolan

December 9, 2025

Exclusive: Glean hits $200 million ARR, up from $100 million nine months back

Exclusive: Glean hits $200 million ARR, up from $100 million nine months back

By Allie Garfinkle

December 8, 2025

Apple CEO Tim Cook wearing a white polo shirt and throwing up a peace sign

Apple won’t be the same in 2026. Meet the company’s next generation of leaders and rising stars after its biggest executive exodus in years

December 8, 2025

Nvidia CEO Jensen Huang

Nvidia CEO Jensen Huang says people need to find success in traditional factory jobs again: ‘Every successful person doesn’t need to have a PhD’

By Emma Burleigh

December 8, 2025

Google.org

Nonprofits are solving 21st century problems—they need 21st century tech

By Maggie Johnson and Shannon Farley

December 8, 2025

AI is rewriting the rules of work. Our job is to shape what comes next

AI is rewriting the rules of work. Our job is to shape what comes next

By Jacqui Canney

December 8, 2025

Fortune Brainstorm AI 2025 Livestream

By Fortune Editors

December 8, 2025

Justin Hotard, CEO of Nokia

Nokia CEO: The workforce is becoming AI-native. Leadership has to evolve

By Justin Hotard

December 8, 2025

Most Popular