Windsurf faces acquisition by Cognition AI. This follows a collapsed deal with OpenAI. Google hired Windsurf's CEO Varun Mohan and co-founder Douglas Chen. Google DeepMind also secured a license to Windsurf's tech for $2.

Last Thursday, more than 40 researchers and engineers at Windsurf, a startup that has developed an artificial intelligence–powered coding tool, began gathering at a hotel in Mountain View, Calif., after receiving an invitation to a mysterious meeting from the startup’s management.

Hot on the heels of a leadership shakeup at Windsurf last week, Cognition announced today it has signed an agreement to acquire Windsurf. The whiplash here explains at least some of last week's turmoil surrounding Google's hiring of top talent at Windsurf.