The Event Loop

Cursor doubled its revenue to two billion dollars in three months. Its newest feature fires AI agents automatically on code changes, Slack messages, and PagerDuty incidents. Nobody clicks approve. The approval already happened. Cursor launched a feature this week called Automations. AI agents that fire when a pull request merges, when a PagerDuty incident triggers, when a Linear issue is created, when a Slack message arrives, when a timer expires. Not agents you ask to do things. Agents that are already running when you arrive. The company doubled its annual revenue to over two billion dollars in three months. Roughly a quarter of all generative AI spending flows through its platform, according to Ramp data. Automations is the product that turns that spending from reactive — a developer opens a chat window and asks a question — into continuous. The agents are always on. The developer's attention is not. The Shift The first generation of AI coding tools was synchronous. You opened a pro