OpenAI in talks to buy AI-coding tool Windsurf for – Business News
OpenAI is in discussions to buy artificial intelligence-assisted coding tool Windsurf for about $3 billion, Bloomberg News reported on Wednesday, citing a particular person accustomed to the matter.
The deal could be OpenAI’s largest to date, the phrases of which haven’t but been finalized, the report stated, including the talks may change or crumble.
OpenAI declined to remark, whereas Windsurf, previously generally known as Codeium, didn’t instantly reply to a Reuters request for remark.
A deal for Windsurf could be OpenAI’s largest to date. REUTERS
Windsurf was in talks with traders akin to Kleiner Perkins and General Catalyst to raise funding at a $3 billion valuation, the report added.
It closed a $150 million funding spherical led by General Catalyst final yr, valuing it at $1.25 billion.
Investor enthusiasm for the artificial intelligence sector has surged considerably in recent times, pushed by the widespread adoption of chatbots and the emergence of refined AI brokers.
The ChatGPT maker stated in March it will raise up to $40 billion in a new funding spherical, valuing it at $300 billion.
Microsoft-backed OpenAI acquired search and database analytics startup Rockset in a nine-figure stock deal final yr, to present higher infrastructure for its enterprise merchandise.
