Cursor, a leading AI coding startup, is launching Composer 2, an AI model designed to handle complex coding tasks on behalf of users. The new tool aims to keep pace with larger companies like Anthropic and OpenAI, which have also introduced more powerful AI models for software development. Founded in 2023, Cursor has gained popularity among professional developers, reaching over 1 million daily users, including major businesses like Stripe and Figma. With Composer 2, the company seeks to stay competitive in a market dominated by newer startups offering AI coding assistants with complex capabilities.
Source: https://www.bloomberg.com/news/articles/2026-03-19/ai-coding-startup-cursor-plans-new-model-to-rival-anthropic-openai