They seem to be pushing users away from using OpenAI and Anthropic models. On March 16th, they released pricing changes to stop subsidizing the state of the art models for team/enterprise users on legacy pricing models.

GPT 5.4 and Claude Opus/Sonnet 4.5/4.6 are now billed at API rates for all users, even enterprise customers. Previously, they were subsidizing these models around a factor of 10x, billing per request and not per token. Composer 2 bills for $0.08 per request on the fast model, and $0.04 per request on the slower model - no matter the tokens used.

It seems like they are targeting Enterprise above all else, relying on a enterprises signing up a bunch of paying users that rarely touch Cursor to subsidize the power users using an excessive amount of Composer tokens. It's a fair strategy, as cursor seems to increase output by 20-30% so the price is well worth it for Enterprise customers.