Alphabet Inc.’s Google (GOOG, GOOGL) has finalized a significant $2.4 billion agreement to license technology from the AI coding startup Windsurf. This deal includes recruiting Windsurf’s CEO Varun Mohan and cofounder Douglas Chen, along with key research and development employees, to enhance Google DeepMind’s capabilities. The agreement comes after failed negotiations by OpenAI to acquire Windsurf for $3 billion, largely due to concerns from Microsoft, OpenAI’s primary investor, over access to Windsurf’s technology. Google’s strategy underscores the fierce competition among tech giants to dominate the AI landscape, as seen in their previous investments. Most Windsurf employees will remain with the company, while Google will obtain a nonexclusive license to some of its technology. This move reflects the ongoing battle for AI innovation and top talent in Silicon Valley. Stay updated on tech trends by subscribing to the Benzinga Tech Trends newsletter.
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