Windsurf, an AI coding startup, encountered significant upheaval when its deal with OpenAI for $3 billion collapsed, and Google subsequently hired away its CEO. Remaining executives were tasked with addressing employee concerns amidst a bleak atmosphere. However, hope emerged as Cognition reached out about acquiring Windsurf, motivated by the synergies between their AI products. Cognition's AI coding agent Devin is positioned as a revolutionary tool in the industry, and the merger offers potential benefits for both companies, marking a swift turn of events for Windsurf.
"The mood was very bleak. Some people were upset about financial outcomes or colleagues leaving, while others were worried about the future. A few were in tears."
"Cognition makes the AI coding agent Devin, which it calls 'the first AI software engineer.' It is valued at $4 billion, coming off a $120 million funding round in March, according to PitchBook."
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