Windsurf faces acquisition by Cognition AI. This follows a collapsed deal with OpenAI. Google hired Windsurf's CEO Varun Mohan and co-founder Douglas Chen. Google DeepMind also secured a license to Windsurf's tech for $2.

Bay Area tech companies are battling to build popular, useful artificial intelligence — and the fight just ripped apart a startup. Windsurf, an AI company based in Mountain View, began last week as a reported $3 billion acquisition target for OpenAI.

Cognition CEO Scott Wu and interim Windsurf CEO Jeff Wang said they would start by integrating the AI-powered engineer Devin into Windsurf

Microcap Cognition Therapeutics (NASDAQ:CGTX) has skyrocketed 35% in Thursday trading after stating the company had a positive end-of-phase 2 meeting with the U.S. FDA for the oral Alzheimer's asset zervimesine and sees a path forward for a phase 3 program.

Goldman Sachs just hired its first AI coder: Goldman is the first major bank to try out Cognition's agentic AI coder, Devin, signaling a seismic shift in how finance works alongside software https://t.co/5CEvbmAPWX pic.twitter.com/Yngj54XCyF — Quartz (@qz) July 11, 2025