logo
#

Latest news with #BerberJin

Google pays $2.4B to license Windsurf data, hire its CEO, WSJ says
Google pays $2.4B to license Windsurf data, hire its CEO, WSJ says

Business Insider

time12-07-2025

  • Business
  • Business Insider

Google pays $2.4B to license Windsurf data, hire its CEO, WSJ says

Alphabet's (GOOGL) (GOOG) Google will pay about $2.4B to license the technology of the artificial intelligence coding startup Windsurf and hire its CEO and some of its team, Berber Jin and Katherine Blunt of Wall Street Journal report, citing people familiar with the matter. The deal comes after talks for OpenAI to acquire Windsurf stalled, sources told the Journal. Google is hiring a small number of Windsurf employees to focus on agentic coding within its DeepMind division, according to the paper. Google isn't taking a stake in Windsurf. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

AI startup Perplexity's valuation surges to $14B in new funding round, WSJ says
AI startup Perplexity's valuation surges to $14B in new funding round, WSJ says

Yahoo

time13-05-2025

  • Business
  • Yahoo

AI startup Perplexity's valuation surges to $14B in new funding round, WSJ says

Perplexity is in advanced talks to raise $500M in a round that values it at $14B, according to people familiar with the matter, a sign of increased investor excitement about AI's potential to challenge Google's (GOOGL) longstanding dominance over search, The Wall Street Journal's Berber Jin reports. The venture firm Accel is set to lead the round, people familiar with the matter said. It is one of a set of startups that have grown quickly after the launch of Microsoft (MSFT)-backed OpenAI's ChatGPT three years ago. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on GOOGL: Disclaimer & DisclosureReport an Issue 'We're Removing Alphabet Stock from Our Best Ideas List,' Says Wedbush EdTech Chegg (CHGG) Sheds Hundreds of Jobs and Points the Finger of Blame at Google AI BofA Names Nvidia and Broadcom 'Top Picks' as Hyperscalers Boost AI Capex 'Magnificent Seven Stocks on Fire' as Investors Cheer U.S.-China Tariff Deal Advanced Micro Devices Stock (AMD) Stuck in Neutral as AI Boom Accelerates

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store