- Published on December 11, 2024
- In Global Tech
JetBrains Still Remains the Winner of the AI Coding Race
JetBrains’ recurring revenue was reportedly $593 million in November 2024 – the highest amongst all AI copilots and code editors.
Image by Nalini Nirad
- By Mohit Pandey
‘VS Code bad, Cursor good’ has been a hot topic among developers. The conversation has gained even more prominence as VS Code, Microsoft’s own IDE, now dominated coding with AI as GitHub Copilot and Anysphere’s Cursor. On the other hand, JetBrains, a 24-year-old company that developed its own IDE, is often left out in such discussions.
Notably, it's not that developers really need to talk about it as much. Why? Because it is still one of the most successful IDEs ever built. According to reports from Sacra obtained by developer Kenneth Auchenberg, JetBrains’ recurring revenue was $593 million in November 2024, the highest amongst all AI copilots and code editors.
For comparison, in the same month, GitHub Copilot generated $400 million and Cursor generated $65 mil
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Mohit Pandey
Mohit writes about AI in simple, explainable, and often funny words. He's especially passionate about chatting with those building AI for Bharat, with the occasional detour into AGI.
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