AI Coding Startup Cursor Plans New Model to Rival Anthropic

Cursor, a leading artificial intelligence startup for coding, is set to release a more efficient AI model for software development in a bid to keep pace with larger firms like Anthropic PBC and OpenAI.

The company on Thursday plans to unveil Composer 2, which is meant to work as an AI agent that carries out lengthy coding tasks on a user’s behalf. Anthropic and OpenAI have also introduced more powerful AI models that they say can take on increasingly complicated and time-consuming work writing software.

San Francisco-based Cursor launched its first AI coding assistant in 2023 and quickly caught on with professional software developers, leading to a new style of programming ...