The article discusses how Vercel, a company that helps developers create and host websites and AI applications, is becoming increasingly popular among AI coding agents. These AI agents can write software and automate tasks, which has led to a significant increase in Vercel's business. Vercel has been growing rapidly, now making $600 million a year, which is a 148% increase compared to last year. The number of customers paying for their services has also grown by about 20%. The company changed its payment model to charge based on how much customers use their services instead of a flat subscription fee. Vercel faces competition from other companies like Netlify, Cloudflare, and Amazon, as well as from OpenRouter, which is soon to be owned by Stripe. Interestingly, AI agents that write code now make up about half of Vercel's new business, a huge jump from less than 3% at the beginning of the year. This shift highlights the growing role of AI in software development.
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