I'm baffled by the doom-and-gloom reactions here.
Nuxt remains what it's always been: the best convention-over-configuration framework in existence. It's built on Vue which is opinionated as hell, and you get all the benefits of that.
The "vendor lock-in" concerns are frankly overblown. At the end of the day Nuxt produces artifacts you can deploy anywhere - AWS, Cloudflare, your own infrastructure, or yes, Vercel.
The alternatives (underfunded OSS maintainers burning out) are way worse than having a well-funded team with aligned incentives. If anything this validates that Nuxt is valuable enough for a major platform company to invest in.
I'll take that over watching great tools die from lack of resources.