Image via TechCrunch
Tuesday, March 3, 2026
Cursor hits $2B run rate in 3 months
Cursor just hit a $2 billion annual run rate (yikes), doubling revenue in three months and proving AI coding assistants are the real deal. Meanwhile, Claude experienced a widespread outage amid Pentagon controversy, while MyFitnessPal scooped up the teenage-founded Cal AI for $30M in revenue, and Burger King deployed an AI chatbot called Patty to coach employees on friendliness through headsets (wild). The kicker? Anthropic got designated as a supply chain risk over their AI use restrictions, which basically means the government's getting nervous about who controls the most capable models. So here's the question: Is Claude losing the enterprise race?
Image via TechCrunch
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Bloomberg
AI coding startup Cursor has hit a $2 billion annual revenue run rate, doubling in three months with 60% coming from enterprise customers. The company's rapid growth makes it one of the most valuable AI startups at $29.3 billion, demonstrating explosive demand for AI-powered developer tools.
TechCrunch
Claude experienced major outages affecting login and core services during a traffic surge driven by heightened attention from its Pentagon negotiations controversy, which propelled the app to the top of the App Store charts above ChatGPT.
MyFitnessPal acquired Cal AI, the viral AI calorie-counting app built by teenage founders that achieved $30 million in annual revenue and 15 million downloads in under two years. The deal allows Cal AI to operate independently while leveraging MyFitnessPal's extensive nutrition database, targeting users who prioritize speed over detailed tracking.
Burger King is launching 'Patty,' an OpenAI-powered voice assistant in employee headsets that helps with operations while monitoring customer service friendliness as a coaching tool. The system integrates across drive-thru, kitchen, and inventory management, rolling out to all US locations by 2026.
Anthropic faces unprecedented U.S. Department of War supply chain risk designation after refusing to allow Claude AI for mass domestic surveillance and fully autonomous weapons, citing safety concerns and civil rights. The company will challenge the designation in court while continuing to serve non-DoW customers unaffected.
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