Topic: windsurf acquisition
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Cognition AI Secures $400M at $10.2B Valuation Amid Market Turbulence
Cognition AI raised $400 million, boosting its valuation to $10.2 billion, reflecting strong investor confidence despite market volatility. The funding was led by Founders Fund and supported by existing investors, driven by the success of its AI coding assistant Devin, which saw annual recurring ...
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AI Coding Firm Cognition Acquires Windsurf, Creator of Devin
Cognition acquired rival firm Windsurf in a major AI coding industry shakeup, following Google's $2.4 billion executive poaching and OpenAI's expired $3 billion offer. The deal includes Windsurf's intellectual property, remaining 250-person team, and $82 million in annual revenue, with plans to e...
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