I've been using zed for nearly a year now, it works well, quietly.
I don't need AI, I have a complex project written in scala, whose compiler and tools ('metals') are already intelligent and much more logical than LLMs, many context-relevant suggestions pop up, and when it compiles it generally just works.
However I do wonder about the longterm business model of Zed without AI, and in the current geopolitical context I'd be interested in a european or global alternative.