Bloomberg has announced that Codeium, a producer of the popular AI Coding Assistant Tool Windsurf assistant, conducts talks that will probably be taken over by OpenAI for around $ 3 billion.
If the contract takes place, she would put OpenAI in direct competitions with many other AI coding assistants, including Aksphepe, a cursor producer that OpenAI supported from the OPENAI startup fund.
The takeover may threaten the credibility of the OPENAI startup fund, taking into account that this is one of the cursor’s largest investors, said the person familiar with the cursor captain. It is not clear whether Opennai turned to the cursor for the takeover.
In addition to what the sources have informed Bloomberg, there are some suggestions that something is happening between two corporations. A few days ago, Windsurf users received the e -mail message that says that attributable to the announcement this week they have the ability to dam access to a coding editor for 10 USD monthly.
And the Openai Kevin Weil product director also published Yesterday video praising Windsurf’s possibilities.
Codeum talked about collecting fresh funds with a valuation value $ 2.85 billion run by Kleiner Perkins, as reported by TechCrunch in February. According to our reporting, the company has achieved about $ 40 million of annual repetitive revenues (ARR). This revenue rate is much lower than the cursor, which apparently earns $ 200 million on the ARR basis. Bloomberg reports last month the cursor about raising capital with a valuation of about $ 10 billion.
Since the foundation in 2021 by Varuna Mohan and his childhood friend and graduates, MIT, Douglas Chen, Codeium previously collected $ 243 million from investors, including Greenoaks Capital and General Catalyst, based on Pitchbook data.