FTX Bankruptcy Liquidators sold its interest in the coding platform cursor of the Artificial Intelligence (AI) for $ 200,000, and, according to recent reports, missed a potential windfall of $ 500 million.
According to a new report From the Financial Times, Cursor – developed by Anysphere Inc. – $ 900 million in financing on a rating of $ 9 billion since he was sold by FTX, with the support of prominent venture capitalist companies.
Cursor AI is a smart coding assistant who aims to improve software development by including natural language programming, advanced codes suggestions and built -in error detection. Based on a changed version of Visual Studio Code, it is intended to offer deep code analysis, interactive chat support and automated tools to help developers write, refine and optimize their code efficiently.
The company reportedly generates more than $ 200 million in annual income.
The importance comes from the FTX trading arm, Alameda Research, which invested $ 200,000 in Cursor’s Seed Round in 2022. Liquidators sold the investment at cost price and failed to anticipate the growth potential of the platform.
Sales represents another undervalued assiva purchase by FTX equalists, who previously sold Sui Blockchain contracts for $ 1 million that later reached a $ 3 billion appreciation.
The estate remains the liquidation of companies to repay customers affected by the collapse of the stock market, although the miscalculations have impeded the recovery input.
Follow us on X” Facebook And Telegram
Don’t miss a beat – Subscribe to get e -mail notifications directly to your inbox
Check price promotion
Surf the Daily Hodl -Mix
Generated image: midjourney