This AI Startup Just Raised $900M — Is Crypto Losing Investor Attention?
AI code editor Cursor raises $900M at a $9B valuation. Is this the clearest sign yet that big investors are shifting from crypto to AI?
Cursor, a rising star in the artificial intelligence space, has secured a massive $900 million in funding at a $9 billion valuation, according to The Financial Times. The startup develops an AI-powered code editor aimed at transforming how developers write software — and this fresh capital signals a clear shift in where big money is flowing.
For crypto investors, this development matters. Why? Because it highlights a growing trend: traditional and venture capital investors are increasingly turning to AI instead of blockchain-based projects. In 2021 and 2022, much of this capital might have gone into Web3 or DeFi startups — now it’s heading toward AI tools.
This doesn’t mean crypto is over. On the contrary, AI + crypto crossovers, like Render (RNDR) or SingularityNET (AGIX), may benefit as AI hype grows. But the investment narrative is clearly evolving.
What do you think? Will AI replace crypto as the “next big thing”? Drop your thoughts in the comments and follow Trafy.io for more timely updates.
