Another giant merges in the field of AI code assistance tools! Anysphere, the parent company of AI code editor Cursor, announced the acquisition of AI programming assistant Supermaven. Although the acquisition amount was not disclosed, the transaction is particularly eye-catching in the context of Anysphere facing an acquisition offer of up to US$2.5 billion. How will this acquisition affect the AI programming tools market? The editor of Downcodes will take you to find out.
According to Cursor CEO Michael Truell, this acquisition will help the company launch a new version of the Tab AI model, which will have faster response speed, stronger context awareness, and more intelligent processing of long sequence codes. It is worth noting that Supermaven’s existing plug-ins will continue to be maintained, but the team will mainly focus on the development of Cursor in the future.
Supermaven was founded by former Tabnine co-founder Jacob Jackson. After selling Tabnine to Codata in 2019, Jackson interned at OpenAI until 2022. Officially launched in February this year, Supermaven is an innovative AI programming platform. Its self-developed generative AI model Babble is not only able to understand a large amount of code, but also has extremely low latency performance due to its customized architecture. As of September, the platform has attracted more than 35,000 developers to register and has successfully raised US$12 million in financing. Investors include Bessemer Venture Partners, OpenAI co-founder John Schulman and Perplexity co-founder Denis Yarats.
Jackson said that although Supermaven was not originally planned to be acquired, the merger with Cursor will allow the team to better combine the editor interface with AI model design to create a more practical product.
According to market research firm Polaris Research, the AI programming tool market will reach US$27.17 billion by 2032. GitHub's latest developer survey shows that the vast majority of respondents have adopted AI tools to some extent, with more than 1.8 million individual users and about 50,000 companies paying to use GitHub C opilot.
While AI programming assistant startups have sprung up, including Augment, Codeium, Magic, and Poolside, Cursor has become one of the most popular options. According to reliable sources, Cursor’s current monthly income has reached US$4 million. As a company co-founded in 2022 by Truell, Asif, Lunnemark and Sanger, Anysphere has received close attention from the investment community in recent times.
Anysphere's acquisition of Supermaven indicates that competition in the AI code assistance tool market will become more intense, and it also brings more expectations to developers. In the future, let’s wait and see whether Cursor can stand out in the fierce market competition after integrating Supermaven’s technology! The editor of Downcodes will continue to pay attention to industry trends and bring you more exciting reports.