Tag: Deepmind

Demis Hassabis Predicts AI ‘10 Times Bigger’ Than Industrial Revolution

by educatekaroin News, AI, TechLeave a Comment on Demis Hassabis Predicts AI ‘10 Times Bigger’ Than Industrial Revolution

Demis Hassabis, CEO of DeepMind, has stated that artificial intelligence is poised to create an impact that is potentially ten times greater and faster than the Industrial Revolution. In a recent interview, he emphasized AI’s vast ability to rapidly reshape both society and the business world. Hassabis also stressed the importance of implementing balanced regulations and forward-thinking strategies to manage these changes effectively. His remarks highlight the ongoing discussions around generative AI, underlining how its speed and magnitude of disruption surpass those of previous technological breakthroughs.

Read more: TheGuardian

Cognition Acquires Windsurf to Boost AI Engineering Future

by educatekaroin News, AI, Business, Funding, TechLeave a Comment on Cognition Acquires Windsurf to Boost AI Engineering Future

Cognition has officially acquired Windsurf, the agentic IDE, bringing in its product, IP, brand, and talented team. With $82M ARR, 350+ enterprise clients, and a rapidly growing user base, Windsurf strengthens Cognition’s mission to revolutionize software engineering. The Windsurf team will continue operations for now, while their tools and IP will soon integrate into Cognition’s offerings like Devin. Notably, all Windsurf employees will benefit financially and receive full equity vesting. This move signals a major leap toward the future of autonomous software development, positioning Cognition as a powerful force in the evolving AI engineering landscape.

Credit: TechCrunch

Windsurf Deal Slips From OpenAI’s Grasp, Google Wins in the AI Talent War!

by educatekaroin News, AI, Business, Funding, TechLeave a Comment on Windsurf Deal Slips From OpenAI’s Grasp, Google Wins in the AI Talent War!

In a surprise twist, OpenAI’s $3B deal to acquire AI coding startup Windsurf has collapsed — and Google swooped in smartly. Instead of buying the company, Google acqui-hired key Windsurf talent, including CEO Varun Mohan, for $2.4B. They also secured a non-exclusive license to Windsurf’s tech. The rest of Windsurf stays independent under a new interim CEO. This clever move gives Google DeepMind top AI coding brains without full acquisition hassles. Meanwhile, OpenAI is left empty-handed. The race for elite AI talent is heating up, and Google just played a masterstroke.

Credit: CNBC