- Cognition, the creator of the AI coding agent Devin, has acquired Windsurf shortly after Google hired Windsurf’s CEO, co-founder, and research leaders in a $2.4 billion reverse-acquihire deal.
- The acquisition of Windsurf by Cognition follows the departure of key personnel to Google, impacting the startup’s team and future direction.
AI spending Stalls as Anthropic Prepares for IPO
AI spending growth has stalled, raising concerns as Anthropic approaches its IPO, despite increased usage driven by price competition.