AI Startup Cognition to Buy Windsurf
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Cognition CEO Scott Wu and interim Windsurf CEO Jeff Wang said they would start by integrating the AI-powered engineer Devin into Windsurf
In one of the largest acqui-hires to date, Meta last month recruited Scale AI founder Alexandr Wang, along with members of his team, to join a newly formed A.I. group. The move followed Meta’s investment of more than $14 billion in Scale AI, through which it secured a non-voting stake in the startup.
Bay Area tech companies are battling to build popular, useful artificial intelligence — and the fight just ripped apart a startup. Windsurf, an AI company based in Mountain View, began last week as a reported $3 billion acquisition target for OpenAI.
Cognition said the deal structure eliminates existing vesting cliffs and provides accelerated vesting for current staff members, recognizing their contributions to building Windsurf's business foundation.
B deal with the artificial intelligence code generation tool company Windsurf for its licensing rights and talent will likely increase competition in the DevSecOps space. This could apply pressure on companies such as GitLab (NASDAQ:GTLB) and JFrog (NASDAQ:FROG),
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Google's strategic acquisition of Windsurf leaders strengthens its AI coding efforts amidst intense competition for top talent.