It is reported,

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Codeium, the manufacturer of a popular AI Coding Assistant Tool Windsurf, is negotiating to be acquired by Openai for about $ 3 billion, Bloomberg reported.

If the deal happens, it will put Openai in direct competition with a number of other AI encoding assistants, including AnySphere, the Cursor manufacturer, who Openai supported from his OpenAi starting fund.

The acquisition can endanger the authenticity of the OPENAI startup fund, given that it is one of the largest Cursor investors, said a person familiar with Cursor’s captable. It is unclear whether Openai has turned to the cursor for acquisition.

In addition to what Bloomberg has said, there are a few more clues that something is happening between the two companies. A few days ago, Windsurfing users received an email saying that due to a message later this week, they have the opportunity to lock access to the coding editor of $ 10 a month.

And Chief Product Director of Openai Kevin Weil also released a Video yesterday Praise the capabilities of windsurfing.

Code is in negotiations to raise new funds in a $ 2.85 billion estimated Guided by Kleiner Perkins, TechCrunch reported in February. The company has reached about $ 40 million annual repetitive revenue (ARR), according to our reporting. This rate of revenue implementation is much lower than that of Cursor, which, according to reports, makes $ 200 million on the ARR basis. Cursor is in a capital recruitment negotiations $ 10 billion estimatedBloomberg reported last month.

Since his founding in 2021 by Varun Mohan and his childhood friend and colleague Mit Grad, Douglas Chen, Codeium has previously raised $ 243 million from investors, including Greenoaks Capital and a common catalyst, according to PitchBook.

Additional reporting by Sarah Perez

 
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