Alphabet’s (GOOGL) (GOOG) Google will pay about $2.4B to license the technology of the artificial intelligence coding startup Windsurf and hire its CEO and some of its team, Berber Jin and Katherine Blunt of Wall Street Journal report, citing people familiar with the matter. The deal comes after talks for OpenAI to acquire Windsurf stalled, sources told the Journal. Google is hiring a small number of Windsurf employees to focus on agentic coding within its DeepMind division, according to the paper. Google isn’t taking a stake in Windsurf.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOG:
- OpenAI ends acquisition talks with Windsurf, Information reports
- AI Daily: Meta working to win AI race with money
- Now Streaming: Apple in talks to acquire U.S. rights to screen Formula 1
- France launches criminal probe into X over algorithm manipulation, Politico says
- Private Markets: iCapital secures $820M in new funding round