Who are their highly funded closed-source competitors they claim Warp cannot beat on price?

Warp is the only closed source terminal product I know of. Most other popular terminal emulators are open source already.

I feel like their funding is drying up and this is their last ditch effort to have the "community" build their product for them.

They claim agents will run the show, with inputs from community in the form of ideas/specs/direction. I wonder how long that will be sustainable for given the subsidized model prices are collapsing as we speak.

Is this an attempt to pivot to something else while the "community" keeps their first product alive? Maybe I'm being too cynical here, but I don't see this as an act of good faith, especially given their roots in VC funding.