Windsurf, an AI coding startup, pivoted to Google after a $3 billion acquisition deal with OpenAI collapsed. Google agreed to pay approximately $2.4 billion primarily to hire Windsurf's key personnel, including CEO Varun Mohan and co-founder Douglas Chen, for its DeepMind team. Windsurf's remaining employees will continue innovating for their business clients. Google will gain a nonexclusive license for Windsurf's technology, allowing the startup to license its platform to other companies. The prior negotiations with OpenAI ended due to Windsurf's concerns about intellectual property access by Microsoft, a major investor in OpenAI.
Google has struck a deal worth around $2.4 billion to hire Windsurf's top talent, including CEO Varun Mohan and co-founder Douglas Chen, to join Google's DeepMind unit.
Following the collapse of a $3 billion acquisition deal with OpenAI, Windsurf turned to Google for a new agreement focusing on talent and licensing rights.
Google will utilize Windsurf's technology under a nonexclusive license, permitting Windsurf to also license its platform to other firms.
Windsurf was initially in talks for a $3 billion acquisition by OpenAI, which collapsed due to concerns over intellectual property access from Microsoft, a major OpenAI investor.
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