Augment has updated its pricing model for Augment Code, an AI coding assistant, to be based on AI usage rather than message interactions.
The company stated that its existing model "isn't sustainable". However, users have calculated that the new model is more than ten times as expensive.
Augment was launched in April 2024, co-founded by Igor Ostrovsky, a former Microsoft software engineer, and Guy Gur-Ari, a former Google AI researcher. The startup is backed by venture capital, including an investment from Eric Schmidt, the former Google CEO.
Popular features in Augment Code include a Memories feature that persists context across conversations, and a 200K context window, meaning the AI is better informed about the codebase it is asked to work on.
The existing model "isn't sustainable"
Author's summary: Augment hikes AI code editor price, sparking user protests.