Gate News, March 20 — AI programming tool Cursor announced the release of its third-generation in-house developed programming model, Composer 2. The standard version is priced at $0.50 per million tokens for input and $2.50 for output, approximately 86% cheaper than the previous Composer 1.5. A fast version is also available, costing $1.50 per million tokens for input and $7.50 for output, and is set as the default option.
Benchmark tests published by Cursor show that Composer 2 scored 61.7% on the Terminal-Bench 2.0 programming agent benchmark, surpassing Opus 4.6’s 58.0%, but falling short of GPT-5.4’s 75.1%. On the multilingual SWE-bench software engineering benchmark, it scored 73.7% (up from 65.9% in the previous version), and on Cursor’s proprietary CursorBench, it scored 61.3% (up from 44.2%).
Cursor stated that the performance improvements come from continued pretraining of the base model and reinforcement learning to train the model to complete long-cycle programming tasks requiring hundreds of steps. This model is only available within Cursor and is not offered as an independent API. Cursor’s parent company, Anysphere, is currently valued at $29.3 billion.