AI coding assistant Cursor announced that it has acquired Graphite, a startup that uses AI to review and debug code.
Although the terms of the deal were not disclosed, Axios reported that Cursor paid “way over” Graphite’s last valuation of $290 million, which was set when the five-year-old company raised a $52 million Series B earlier this year.
Combining AI-powered code writing with AI-powered code review tools speeds up the process from drafting code to shipping it.
Furthermore, both Cursor and Graphite have other investors in common, including Accel and Andreessen Horowitz.
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