[ad_1]
Anysphere, the company behind Cursor, has acquired AI programming assistant Supermaven for an undisclosed sum.
Anysphere CEO Michael Trull announced the deal in a filing mail On the index blog. Supermaven will enable Anysphere to launch a new version of the Tab AI model that is “fast, context-aware and highly intelligent,” especially in long code sequences, he said.
Truell said Supermaven’s plugins will remain under maintenance, though Cursor will become the team’s primary focus.
“This is almost the same as the previous Supermaven plan: the team shifted focus to the editor, because the extension APIs were blocking the next useful things they wanted to build,” Troll wrote in his post. “Why join forces? We have so much to do, and it seems we can build a more useful and faster product together.
Superrmaven was founded by Jacob Jackson, who previously co-founded Tabnine, an AI programming assistant. After Tabnine was sold to Codata in 2019, Jackson joined OpenAI as an intern, where he worked until 2022.
Supermaven is an AI programming platform similar to Tabnine, but with a few quality of life improvements and technical upgrades. Its in-house generative AI model, Babble, can understand a lot of code at once and, thanks to the custom architecture, has extremely low latency.
As of September, more than 35,000 developers have signed up for Supermaven. Supermaven has raised $12 million from investors including Bessemer Venture Partners, OpenAI co-founder John Shulman, and Perplexity co-founder Dennis Yarats.
Supermaven, which launched in February, wasn’t planning on exiting. Jackson says the timing was right.
“As Supermaven matured, we realized that the next step for the product was not just smarter models, but models with new capabilities that were co-designed with the user interface to reach those capabilities,” he wrote in a post on the Supermaven website. Blog. “Initially, we worked on building our own editor, but we also kept in touch with the Cursor team, and as I got to know them better, I felt like we could build a more useful product together than Supermaven could build alone.”
Jackson added that as part of Cursor, the Supermaven team will have the ability to design the editor’s user interface with templates.
The acquisition comes as Anysphere receives unsolicited offers valuing the company at up to $2.5 billion from Benchmark, Index Ventures, Andreessen Horowitz and others, TechCrunch exclusively reported. Interest in the company, which was co-founded in 2022 by Trull, Sawala Asif, Arvid Lonemark, and Aman Sanger, has been growing in recent weeks.
The market for AI coding tools is a large and growing one, thanks to Polaris Research Projection It will be worth $27.17 billion by 2032 The vast majority Of respondents to GitHub’s recent developer survey say they’ve adopted AI tools in some form, more than 1.8 million people — and nearly 50,000 companies — pay for GitHub Copilot.
There’s no shortage of AI-assisted programming startups — check out Augment, CodeiumAnd magic and poolside. But the indicator has become one of the most popular options. Sources told TechCrunch that its revenue has increased to $4 million per month.
[ad_2]