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Isn’t Cursor’s business model mostly subscriptions? They’re the ones paying for inference, not the user directly, right? So wouldn’t they be incentivized to minimize token usage per unit of user value, not maximize raw tokens?
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It's pay-as-you-go after a certain number of included requests/tokens: https://cursor.com/docs/models-and-pricing
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Nope. Enterprise you pay for seat to access all of the enterprise features and then you just pay for tokens as you go. Vast majority of their actual revenue comes from enterprise and their revenue is just api pass through to the model providers.
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Does Cursor make money from tokens?

I thought it was primarily a user of Anthropic and OpenAI APIs, so the fewer tokens you use to accomplish a task, the higher their margin.

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Gemini is featured just as prominently, and they've most recently been pushing their own model series (Composer).
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