Cognition Acquires Windsurf Following Google Licensing Deal

Google scuttled OpenAI’s negotiations to purchase AI coding firm Windsurf (formerly Codeium), by agreeing to pay roughly $2.4 billion to license the startup’s core technology, hire co-founder and CEO Varun Mohan and bring a passel of employees with him to Alphabet. The license is non-exclusive and Google is not taking a stake in Windsurf. Days after the Google deal, AI startup Cognition announced it would be acquiring Windsurf (both startups are backed by Peter Thiel’s Founders Fund). Mohan, co-founder Douglas Chen and some members of the Windsurf R&D team are moving to Google to work primarily with DeepMind on agentic coding. The $2.4 billion covers licensing fees and compensation. Continue reading Cognition Acquires Windsurf Following Google Licensing Deal

Data and AI Propel Amazon to $2 Trillion Market Capitalization

Amazon is increasingly betting on artificial intelligence as the key to its future growth. The company plans to spend $100 billion on data centers over the next decade — significantly more than it will spend on e-commerce and warehouse infrastructure. This is largely due to market forces. Thirty-year-old Amazon rode the e-retail wave to maturity, and the company’s AWS cloud service is now the new growth engine, driving the firm past $2 trillion in market value last week. The fifth U.S. company to hit that milestone is said to be building a new chatbot it hopes will surpass ChatGPT. Amazon also announced it has hired David Luan, co-founder of AI firm Adept. Continue reading Data and AI Propel Amazon to $2 Trillion Market Capitalization