Michael Truell, CEO of Cursor (Anysphere), announced on X on May 21 that, for the next month, every new member invited by existing Teams plan subscribers will receive double the amount of Cursor usage credits. The monthly fee for the Teams plan is $40 per user. Following this post, Elon Musk retweeted it with the note “Give it a try.” Within 24 hours, the post garnered 5 million views and topped the trending list on Digg’s AI channel. Ryo Lu, a member of the Cursor team, also posted that now is the perfect time to experience features such as “new models, a new interface, the SDK, and Automations” alongside the team.
This promotional campaign comes at a strategically sensitive moment — just one day prior, Google Antigravity announced a threefold increase in Gemini quotas along with a reset of usage limits, signaling intensified competition for developer attention between the two platforms. Contextually, Cursor 3 underwent a complete interface overhaul on April 2, emphasizing parallel scheduling of multiple Agents and seamless switching between local and cloud-based Agents. The Cursor SDK entered public beta testing on April 29, allowing programmatic access via a TypeScript package. Meanwhile, Automations now supports multiple code repository environments and can automatically trigger repair Agents triggered by CI events. As of February this year, Cursor reported annualized revenue exceeding $2 billion, over 1 million paying users, and adoption by 64% of Fortune 500 companies; its current valuation stands at roughly $29 billion.