Tags: Michael Truell

Cursor, the AI coding assistant, announced it has acquired Graphite, a startup that uses artificial intelligence to review and debug code. While the deal terms were not disclosed, reports indicate Cursor paid well above Graphite's last $290 million valuation. The acquisition adds Graphite's "stacked pull request" technology to Cursor's Bugbot product, aiming to streamline the transition from AI‑generated code to production. The move reflects a broader trend of AI tools targeting the code‑review market, with competitors like CodeRabbit and Greptile also raising sizable funding. Shared investors such as Accel and Andreessen Horowitz link the two companies, and the deal follows Cursor’s recent spree of acquisitions, including Growth by Design and talent from Koala. Ler mais

At Fortune’s AI Brainstorm conference, Cursor co‑founder and CEO Michael Truell said the company has no near‑term IPO plans and is instead concentrating on expanding its product suite. He highlighted the rollout of home‑grown large language models, a shift to a usage‑based pricing model that passes API fees directly to customers, and new cost‑management tools for enterprises. Truell also outlined future priorities, including more complex agentic functions such as automated bug fixing and a deeper focus on serving whole development teams. He positioned these moves as a way to stay competitive amid growing AI coding‑assistant rivals. Ler mais