I think cursor is worth literally $0.

It is a complete rip off of someone else’s work vs code and is literally no better than copilot.

Makes me mad it’s even allowed to be a commercial company ripping off vs code.

It is a completely idiotic purchase. Literally one person could recreate the entire IDE themselves… like it’s so easy to make.

And there’s no brand loyalty to it because people want the best llm they don’t care about the little plugin so no moat

Surely you mean xAI right, surely it's a typo? Right...?

The same "mistake" that SpaceX bought 10% of Tesla CyberTruck?

Wait are they all Musk's companies? Is it a pattern?

/s obviously

Never bet against Elon.

xAI is working on virtualizing white collar workers. I'm guessing this is part of that.

See also: companies buying up the Slack and email archives of defunct startups, for training data.

Hard to know whether development will remain an activity that lives on a local machine for much longer.

This could be a lot of money to spend to acquire users that may not be sticky.

I wonder if they are actually 'acquiring' some of the existing contracts between Cursor and X/Y/Z rather than the product itself.

Is this Cursor the product? Or AnySphere the company?

Gross. We need more anti trust enforcement. Large incumbents killing all competition will make us weaker over time.

I'd be interested in this breakdown - what % of that is cursor's product(tech x customer) vs future tokens

0 to $60B in less than 4 years ... impressive!