Zed is a really really nice editor. I consider the AI features secondary but they have been useful here and there. (I usually have them off.) You can use it like cursor if you want to.

Where I think it gets really interesting is they are adding features in it to compete with slack. Imagine a tight integration between slack huddles and VS code's collaborative editing. Since it's from scratch it's much nicer than both. I'm really excited about it.