US EditionGoogle DeepMind Poaches Windsurf Leadership as OpenAI Deal Collapses
UNITED STATES, JUL 12 – Google hired Windsurf's CEO and R&D team to boost its Gemini AI project after OpenAI's $3 billion acquisition deal expired, with a $2.4 billion licensing agreement securing key technology.
- Last Friday, OpenAI's $3 billion acquisition of Windsurf fell apart, prompting Google to hire Windsurf CEO Varun Mohan, co-founder Douglas Chen, and R&D staff to join DeepMind.
- OpenAI’s acquisition exclusivity expired last month, ending talks with Windsurf as the startup remained in advanced negotiations until then.
- Google pays $2.4 billion for a nonexclusive license from Windsurf, exemplifying a reverse-acquihire that keeps the startup independent and allows licensing to others.
- Google’s hiring of Windsurf’s top talent boosts its Gemini project and intensifies the AI talent race among major tech firms.
- This licensing-based deal reflects a broader industry trend, potentially attracting antitrust scrutiny as it allows talent access without full acquisitions.
69 Articles
69 Articles
Google announced a $2.4 billion deal to hire Varun Mohan, CEO of artificial intelligence startup WindServ, along with several other senior employees...
OpenAI tried to buy Windsurf, a startup of programming code production. It failed. Google made a millionaire deal to contract technology and stay with many talents.
Google hires Windsurf founders, derailing OpenAI's $3 billion acquisition
Sources told Bloomberg that Google agreed to pay about $2.4 billion to hire Windsurf founders Varun Mohan and Douglas Chen, along with some R&D staff. The Verge reports that the new hires will primarily help develop Google's Gemini AI platform.Read Entire Article
The business for buying Windsurf by OpenAI failed and Google did not want to contract the main talents of such spoken startup, including its CEO....
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