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JetBrains Still Remains the Winner of the AI Coding Race
- JetBrains is still the most successful IDE amongst all AI copilots and code editors with revenue of $593 million in November 2024, according to reports from Sacra. In comparison, GitHub Copilot generated $400 million and Cursor generated $65 million in the same month. Last month, JetBrains introduced Mellum, a proprietary LLM designed for code completion which is integrated into JetBrains AI Assistant, a smart coding companion. Mellum aims to differentiate through IDE integration. Despite being more expensive than a free VS Code, JetBrains is offered free for school and university students. Critics argue that while JetBrains' core IDE features remain unmatched, its AI integration could use a facelift.
- JetBrains aims to differentiate through Mellum's seamless IDE integration, similar to how GitHub Copilot was integrated to VS Code last month.
- Valerie Kazmina, product marketing manager at JetBrains, said, "Mellum's power isn't just in its speed and accuracy; it also benefits from deep integration with JetBrains IDEs."
- JetBrains’ revenue counts significantly higher than even the popular GitHub Copilot and Cursor.
- The company offers its IDE product for free to school and university students.
- Critics argue that while JetBrain’s core IDE features remain unmatched, its AI integration could use a facelift.
- JetBrains has more than 3 million customers and the company employs 2,200 employees, all while raising no capital whatsoever.
- With AI-based IDEs starting to give more competition to the likes of Cursor, VS Code, and JetBrains alike, it seems AI-based IDEs are the future.
- JetBrains’ Mellum helps reduce the time required to generate code suggestions by up to a third and receives an industry-leading acceptance rate of 40%.
- JetBrains is often arguably left out of conversations about the hot topic of ‘VS Code bad, Cursor good’ among developers that has gained prominence as VS Code and Cursor now dominates coding with AI as GitHub Copilot.
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