Core Insights - Investor interest in AI programming assistants is surging, with Cursor's Anysphere product in talks to raise funds at a nearly $10 billion valuation [1] - Anysphere's previous funding round valued the company at $2.5 billion based on a $100 million ARR, indicating a significant increase in investor willingness to pay higher multiples for fast-growing companies [1] - Current ARR for Anysphere may have risen to $150 million, suggesting a potential valuation of 66 times its ARR if the new funding round is successful [1] - Codeium, the company behind the AI coding editor Windsurf, is seeking funds at a nearly $3 billion valuation, with investors valuing it at 70 times its approximately $40 million ARR [2] - The rapid adaptation of AI in coding tools is outpacing its application in other sectors such as sales, legal, and healthcare [2] - Investors are also engaging with Poolside, another AI coding company developing its own LLM [3]