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Stockreport

OpenAI in talks to buy Windsurf for about $3 Billion [Yahoo! Finance Canada]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
intelligence-assisted coding tool formerly known as Codeium, for about $3 billion, according to a person familiar with the matter. The deal would be OpenAI's largest acquisition to date, and could help the company take on rising competition in the market for AI-driven coding assistants — systems capable of tasks like writing code based on natural language prompting. The terms of the deal haven't been finalized and talks could still change or fall apart, said the person, who asked not to be identified because the matter is private. OpenAI and Windsurf declined to comment. OpenAI (OPAI.PVT) Windsurf, formally called Exafunction Inc., had recently been 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 led by General Catalyst last year. Founded in 2021, Windsurf has raised more than $200 million in venture capital funding, according to PitchBook data. Other investor [Read more]
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Stockreport

OpenAI in talks to buy Windsurf for about $3 Billion [Yahoo! Finance Canada]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
intelligence-assisted coding tool formerly known as Codeium, for about $3 billion, according to a person familiar with the matter. The deal would be OpenAI's largest acquisition to date, and could help the company take on rising competition in the market for AI-driven coding assistants — systems capable of tasks like writing code based on natural language prompting. The terms of the deal haven't been finalized and talks could still change or fall apart, said the person, who asked not to be identified because the matter is private. OpenAI and Windsurf declined to comment. OpenAI (OPAI.PVT) Windsurf, formally called Exafunction Inc., had recently been 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 led by General Catalyst last year. Founded in 2021, Windsurf has raised more than $200 million in venture capital funding, according to PitchBook data. Other investor [Read more]
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