Warp is a new Rust-based terminal that aims to modernize the CLI experience while retaining its best features. The current terminal architecture has significant limitations, including lack of collaboration, transient sessions, and poor UX. Warp addresses these issues by introducing features such as dividing terminal output into commands for easy navigation and saving, replacing the character buffer with a text editor, and transforming the terminal into a collaborative app with persistent, searchable, and shareable sessions. The new terminal works with existing shells and is currently in development, with early access available upon request.