Amjad Masad, CEO of Replit, has been building the AI coding assistant platform for a decade. In a recent interview, he discussed the company's trajectory, including a deal with Cursor, another AI coding tool, and competition with Apple. Masad emphasized that Replit's focus remains on its own growth rather than an acquisition.
Replit's revenue grew from $2.8 million in all of 2024 to a projected annual run rate approaching $1 billion, according to Masad. The company has not disclosed exact figures for 2025 or 2026. The deal with Cursor, which Masad described as a partnership, aims to integrate their technologies to better serve developers.
Masad also addressed competition with Apple, particularly around app development tools. He stated that Replit's platform offers a more open alternative to Apple's ecosystem. However, no specific legal actions or public disputes were confirmed.
When asked about selling the company, Masad said he prefers to keep Replit independent, focusing on long-term innovation. The company has raised significant funding from investors including Andreessen Horowitz and others.
