Z Potentials·2025-07-15 03:14Core Insights - Cognition AI has agreed to acquire the remaining assets of Windsurf, although the specific amount has not been disclosed. This follows Google's acquisition of Windsurf's top talent and licensing for $2.4 billion [1] - The acquisition includes Windsurf's intellectual property, remaining employees, cash, assets, and brand, with all Windsurf employees set to receive financial benefits from the transaction [1] - Windsurf's annual recurring revenue is reported to be $82 million, indicating strong growth in its enterprise business [1] Group 1 - Cognition recently raised several hundred million dollars at a valuation of $4 billion, led by 8VC, with participation from other investors such as Founders Fund, Khosla Ventures, and Conviction Partners, totaling over $300 million raised to date [2] - Cognition promotes its generative AI programming tool, Devin, as the "world's first AI software engineer" [3] - The acquisition marks the end of a tumultuous period for Windsurf, which had previously agreed to be acquired by OpenAI for $3 billion, a deal that fell through due to tensions with OpenAI's major investor, Microsoft [3] Group 2 - Google has hired Windsurf's CEO Varun Mohan and co-founder Douglas Chen, along with a small group of employees, to join its DeepMind AI division [3] - This trend of tech giants hiring executives and technology from promising AI startups often avoids full acquisitions, which critics argue may lead to reduced economic benefits for remaining employees [3]