981–990 of 1001 posts
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> But writing a genuinely good harness with lots of context engineering and solid tool integration is in fact not that easy. true, but its not worth $60 billion fucking quid.
I mean they doubled revenue from $1B/yr to $2B in a month. At some point it can be valued as a high growth business, the code that backs it is almost irrelevant if the business is strong.
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Isn't Codex TUI available for free though? Besides others like Pi and OpenCode of course.
It can use local/oss models, but it doesn't make it simple to do (easiest with ollama) and it's not clear what else you 'lose' by making that choice. If you had a really good (big) local model, maybe it's an option, but on the more common smaller ( It's a nice TUI, but the ecosystem is what makes it good.
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I thought cursor became mostly obsolete with Claude Code and Codex TUIs?
Are TUIs not yesterday’s hot thing? The way I work now in the Codex desktop app is that I spin up 3-5 conversations which work in their dedicated git worktree. So while the agent works and runs the test suite I can come back to other conversations to address blockers or do verification. Important is that I can see which conversation has an update and getting desktop notifications. Maybe I could set this up with tabs…
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How massive is the Cursor user base?
The numbers I could find says 1 million, with about 35% paying. I'd say that a million users is pretty good, but 350.000 paying users isn't, if you're a $60B company. Someone else mentioned that Anysphere has a $1B ARR, but I seriously doubt that each user is forking over ~$3000 per year.
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so now we're accusing him of being a habitual drug user? or is this some joke that's going over my head
You want to keep on topic, so explain in a business-sense way how this acquisition makes sense? Cursor has no moat, just a lot of clients. If spacex would clone vscode, plop in Grok and and advertise it on X as subscription included with your X sub, they would immediately have more clients. Why pay this type of money for that if he is so clever? It is a question; maybe there is a reason, it just looks incredibly skew…
Elon is problematic in many ways and despite the cool things his companies do, I think he is also causing harm. However, he is not an idiot, he is very business savvy, he does things for real reasons, and if you're going to speculate that he's being an idiot and making a stupid decision, then I think it needs an argument of substance that actually understands the factors at play in spending billions of dollars on buying a company. Which I don't think either of us are equipped to provide.
Saying "this doesn't make sense" is basically an admission that it isn't understood, rather than evidence that Elon is being an idiot.
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There are plenty of harder things in the world and very few are worth 60B.
Something being harder and attributing value to that makes no sense. Sure a big moat is important for value but "difficult to do" is just a unidimensional angle.
Earning millions that way is much more complicated.
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What's crazy is that a company that sells an IDE (that's not even a particularly good one compared to competitors like JetBrains) integrating some AI plugins could be worth more than $60B...
the IDE has little value What they want is the massive user base, the data (Cursor has a lot of high quality coding data for training), the teams expertise in coding models and agents, and the Composer models 60 billion is a large number but these frontier labs are burning billions a month in compute alone, and SpaceX is IPOing soon so they'll have a lot of cash to spend
Elon/xAI want Grok to become useful for coding. Cursor has enough data and expertise to create a useful coding model. They found a price and an arrangement that made sense for both parties.
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Everyone talks badly about Cursor and it is kinda a piece of junk, but no, there's nothing that has the features of: being able to see agent diffs in an editor, seeing diffs inline in chat, be able to click them to jump to the code, and being able to click old chat messages to edit/fork them. Those are basically my only requirements, and it feels like I've tried everything and they're all everything only has 1 of tho…
Jetbrains IDEs have AI support with all the things you've described, and in a more polished experience that requires significantly less maintenance and tuning. It does that while affording an actual IDE experience that works well for supported languages/projects out of the box, without the need to constantly tune plugins and experience jank misaligned UX that seems to be the norm for VSCode and derivatives. No associ…
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It sort of implies the $10B is going to be paid with compute credits. So this could very well be xAI simply compensating Cursor by giving them $10 billion worth of tokens. (What’s a token worth in dollars these days?)
That’s indeed the trick. Spacex “invests” in Cursor, looks good on their balance sheet. And xAI now gets 10B of more revenue on their income statement. Perfect financial statement boosting for the IPO which in turn will pay back these costs. At least that’s the bet.