One thing that still suffers is AI autocomplete. While I tried Zed's own solution and supermaven (now part of Cursor), I still find Cursor's AI autocomplete and predictions much more accurate (even pulling up a file via search is more accurate in Cursor).
I am glad to hear that Zed got a round of funding. https://zed.dev/blog/sequoia-backs-zed This will go a long way to creating real competition to Cursor in the form of a quality IDE not built on VSCode