The Latest Breaking News from Windsurf

Once in talks to be acquired by OpenAI for $3 billion earlier this year, AI coding startup Windsurf announced it is now part of $4 billion artificial intelligence company Cognition, after a takeover three weeks ago.

Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) is set to release its second-quarter earnings on Tuesday. Analysts anticipate robust results, despite concerns over the impact of AI on the company’s core search business.

New research shows that coders vastly overestimated how much more efficient they were with AI help.

Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google has announced a $25 billion investment in data center and artificial intelligence (AI) infrastructure across the PJM Interconnection grid.

According to PitchBook, AUM in VC doubled between 2019 and 2024, and are projected to grow about 38% over the next five years.

The past week was a whirlwind of activity in the tech sector, with major moves from industry giants and promising startups alike. From Palantir Technologies (NASDAQ:PLTR) being touted as the next big AI winner to OpenAI making significant acquisitions and postponements, there’s a lot to catch up on. Let’s dive in.

Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google has finalized a $2.4 billion agreement to license technology from AI coding startup Windsurf. This deal also includes hiring Windsurf’s CEO and a select group of its employees.

Windsurf will continue to operate as an independent company

Microsoft having access to OpenAI's IP doesn't necessarily mean that it knows how to use the technology, as insiders cite frustration.