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News on Medial
OpenAI In Talks to Buy Windsurf for About $3 Billion
Internet
·
3m ago
Medial
According to recent reports, OpenAI is reportedly in advanced discussions to acquire Windsurf, a startup specializing in AI-powered tools that enhance productivity and collaboration. The deal is estimated to be valued at around $3 billion. This strategic acquisition aims to bolster OpenAI’s offerings by integrating Windsurf’s innovative solutions, accelerating AI adoption across various industries. The move reflects OpenAI’s ongoing efforts to expand its technology ecosystem and strengthen its position in the competitive AI landscape. Official confirmations and further details are awaited as talks progress.
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11
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OpenAI in talks to buy coding startup Windsurf for $3 billion
Inshorts
·
3m ago
Medial
OpenAI is reportedly in discussions to buy AI-assisted coding tool Windsurf for $3 billion. The deal would be OpenAI's largest to date, the terms of which have not yet been finalised. Founded by Varun Mohan and Douglas Chen, Windsurf (formerly Codeium) was in talks with investors like Kleiner Perkins and General Catalyst to raise funds at about $3 billion valuation.
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OpenAI reaches agreement to buy startup Windsurf for $3 billion
Economic Times
·
2m ago
Medial
OpenAI is set to acquire Windsurf, an AI-assisted coding tool, for about $3 billion, marking its largest acquisition. This move positions OpenAI to tackle competition in AI-driven coding assistants, which perform tasks like code writing from natural language prompts. Formerly known as Codeium, Windsurf was valued at $1.25 billion last year. The acquisition comes as OpenAI finalizes $40 billion financing, despite recent restructuring plans facing public criticism.
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OpenAI’s Windsurf deal is off — and Windsurf’s CEO is going to Google
The Verge
·
4d ago
Medial
OpenAI's acquisition of Windsurf has been canceled as Windsurf CEO Varun Mohan and key researchers are moving to Google. They will join the Google DeepMind team to focus on agentic coding and work on Gemini. Google will have a non-exclusive license to some of Windsurf's technology but no control over the company. Meanwhile, Jeff Wang becomes the interim CEO of Windsurf, with Graham Moreno as its new president. OpenAI was previously reported to be buying Windsurf for $3 billion.
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AI talent war intensifies, as Google hires Windsurf CEO, others in $2.4B deal: Report
YourStory
·
4d ago
Medial
Google has hired several key figures from AI coding startup Windsurf, including its CEO, Varun Mohan, but has not directly invested in the company. However, Google has secured a nonexclusive license to some of Windsurf's technology for $2.4 billion. This move comes after failed acquisition talks between Windsurf and OpenAI. The recruitment aligns with Google's strategy of acquiring top AI talent to enhance their capabilities, as seen previously with Character.AI acquisitions.
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OpenAI in talks to raise new funding at $100 billion valuation
Economic Times
·
1y ago
Medial
OpenAI is reportedly in discussions to raise a new round of funding that could value the artificial intelligence company at $100 billion. The talks come as OpenAI continues to make advancements in the field of AI and machine learning, with its GPT-3 language model gaining considerable attention. The funding would provide OpenAI with additional resources to further its research and development efforts.
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Inside Microsoft’s complicated relationship with OpenAI
The Verge
·
26d ago
Medial
Cracks are appearing in the Microsoft-OpenAI partnership, a result of OpenAI's growing need for more compute power and desire to reduce dependence on Microsoft. Tensions have heightened around OpenAI's potential acquisition of AI coding tool Windsurf, which it wants exempt from Microsoft's contract. This discord might lead OpenAI to accuse Microsoft of anticompetitive behavior, prompting further regulatory scrutiny, as Microsoft's $13 billion AI investment and partnership terms with OpenAI face potential antitrust violations investigation.
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OpenAI is in talks to sell shares at an $86 billion valuation
Economic Times
·
1y ago
Medial
OpenAI, an artificial intelligence research lab, is reportedly in talks to sell shares at a valuation of $86 billion. The company, known for its language-processing AI model, GPT-3, has seen a surge in interest and investments in recent years. The potential sale of shares would further solidify OpenAI's position as a leading player in the AI industry.
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Windsurf says Anthropic is limiting its direct access to Claude AI models | TechCrunch
TechCrunch
·
1m ago
Medial
Windsurf, an AI coding startup, is facing reduced access to Anthropic’s Claude 3.x AI models, impacting its operations. Anthropic's decision, made with short notice, forces Windsurf to seek third-party providers, potentially affecting service availability. While other tools like GitHub Copilot have direct access to Anthropic’s advanced models, Windsurf users are encountering challenges due to less direct access, even as industry competition rises. Anthropic cites prioritizing sustainable partnerships as a key reason for this move.
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Meta reportedly in talks to invest billions of dollars in Scale AI | TechCrunch
TechCrunch
·
1m ago
Medial
Meta is reportedly in talks to invest over $10 billion in Scale AI, marking one of the largest AI funding events for a private company. Scale AI, which provides data labeling services to firms like Microsoft and OpenAI, saw significant revenue growth, from $870 million last year to an anticipated $2 billion this year. Previously, Meta participated in Scale AI's $1 billion Series F funding. Scale AI also developed Defense Llama, a military-focused language model using Meta’s Llama 3.
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Why are Elon Musk and Sam Altman fighting?
Inshorts
·
5m ago
Medial
Elon Musk co-founded OpenAI with Sam Altman in 2015 but later parted ways with OpenAI. Musk repeatedly attacked Altman for prioritising profits over AI's ethical development. In 2017, Musk sought to become OpenAI's CEO, but co-founders rejected the idea. Musk launched OpenAI's rival xAI in 2023. Recently, Musk offered to buy OpenAI for $97.4 billion, but Altman rejected the offer.
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