The exclusivity interval on OpenAI’s $3 billion supply to amass coding startup Windsurf has expired, an OpenAI spokesperson advised Fortune.
The expiration of the exclusivity interval implies that Windsurf is free to discover different choices, roughly two months after OpenAI made the supply. It was not instantly clear if Windsurf is purchasing the supply round or speaking to different potential suitors.
It’s additionally not clear if OpenAI nonetheless hopes to finally full the transaction with Windsurf. Windsurf couldn’t instantly be reached for remark.
AI coding startups, which use generative AI to help programmers in writing code, have grow to be one of many hottest classes in tech. Microsoft’s GitHub Copilot, constructed on OpenAI’s know-how, has gained widespread adoption. As well as, Cursor, a startup backed by VCs like Thrive Capital, Accel, and Andreessen Horowitz, lately raised a $900 million Sequence C, hitting a $9 billion valuation.
Prior to creating its bid for Windsurf, OpenAI had approached Anysphere about buying Cursor—however these discussions fell by means of because the startup wasn’t fascinated about being purchased “even by OpenAI,” in response to a report in TechCrunch.
Based in 2021 by MIT classmates, and initially known as Codeium, the startup modified its identify to Windsurf in April, shortly earlier than the OpenAI supply. The startup’s traders embody Founders Fund, Common Catalyst, Greenoaks, and Kleiner Perkins. TechCrunch reported in February that Windsurf was elevating a funding spherical at a $2.85 billion valuation.
