Cognition to buy AI startup allebes after the CEO of Google Poached

In this photo illustration, a man seen holding a smartphone with the logo of the American artificial intelligence company Cognition Ai Inc. in front of the website.
Schneider Timon | Sopa images | Kick USA | AP
The cognition of artificial intelligence startup announced that it acquires Windsurf, the AI coding company which has lost its CEO and several other employees above Google A few days earlier.
Cognition said on Monday that she would buy intellectual property, the product, the brand, the brand and the talent of Windisurf, but has not disclosed the conditions of the agreement. It is the last development a war of AI talents, like companies like MetaGoogle and Openai fiercely compete for the best engineers and researchers.
Openai was in talks to acquire Windsurf for around $ 3 billion in April, but the agreement collapsed, and Google said on Friday that it had hired the co -founder and CEO of Windisurf, Varun Mohan. Google pays $ 2.4 billion in license costs and for compensation, as previously reported CNBC.
“Each new cognition employee will be treated in the same way as existing employees: with transparency, fairness and deep respect for their capacities and value,” CEO of cognition Scott Wu wrote in a note to employees on Monday. “After today, our efforts will be as a united and aligned team. There is only one boat and we are all in it together.”
Windsurf and cognition did not immediately respond to the request for CNBC comments.
Cognition is best known for its AI coding agent named Devin, which is designed to help engineers create software faster. In March, the startup had collected hundreds of millions of dollars at an evaluation of almost $ 4 billion, according to a Bloomberg report.
The two companies are supported by the Founders’ Fund for Peter Thiel. Other windsurfing investors include Greenoaks, Kleiner Perkins and General Catalyst.
WU said the acquisition guarantees that all windsurfing employees are “treated with respect and well taken care of in this transaction”. All employees will participate financially in the agreement, will have acquisition cliffs renounced their work to date and receive an entirely accelerated acquisition for their, according to the memo.
“There has never been any more exciting time to build,” wrote Wu.
WATCH: Google tears the CEO of Windsurf after the Openai agreement dissolves


