Why Coding Agents Are Choosing Vercel as Often as Humans Do

Alix Coutures (AI Agenda Exclusive): Vercel is generating $600M annualized revenue ($50M/month), up 148% YoY and up from $500M in July; paying customers also up ~20%, per a person close to the company. Valued at $9.3B a year ago; shifted mostly to usage-based pricing vs subscriptions. Coding AI agents now ~half of new business (vs <3% at start of year)—CEO Guillermo Rauch at June Ship London. Defaults: Claude Code, Cursor, OpenAI Codex often land on Vercel partly via Next.js training path. Early-2026 agent repositioning rebuilt infra for agent deploy/run. Notable Capital’s Glenn Solomon: agents are first-class builders. 485,000 paying customers; enterprise names include Meta, SpaceXAI, Cursor, OpenAI, The Weather Company, Zapier. Competes with Netlify, Cloudflare, Amazon cloud, and OpenRouter (soon Stripe-owned) on model routing. Next.js: 1.3B downloads YTD through August (300M July–Aug alone). AI SDK ~33M downloads/week as of Oct 1 (npm)—third after OpenAI and Anthropic SDKs. Pre-ChatGPT infra company keeping software-like gross margins vs thin AI-coding peers. Rauch (April): wants to file for IPO, no timeline.