The acquisition could help OpenAI overcome growing competition in the market for AI-powered coding assistants — systems capable of performing tasks such as writing code based on natural language prompts.
Windsurf, officially called Exafunction Inc., was recently in talks with investors including Kleiner Perkins and General Catalyst to raise funding at a $3 billion valuation. The company was valued at $1.25 billion in a deal brokered by General Catalyst last year.
OpenAI competitor Anthropic and Microsoft Corp. Github offer AI tools for programmers.
OpenAI recently closed a $40 billion funding round led by SoftBank Group Corp., which values the company at $300 billion. On Monday, OpenAI said it was abandoning plans to restructure into a more traditional commercial business after facing public backlash.
Source: Bloomberg
