Anysphere Inc., a16z-powered code editor, is looking to raise hundreds of millions of dollars to push the company to a $10 billion valuation, with Anysphere valued at $2.5 billion in January this year. Anysphere, which has exceeded $100 million in annual recurring revenue in the past 12 months, has previously received approximately $175 million in venture capital from investors including Andreessen Horowitz.