The high costs and thin margins threatening AI coding startups

[ad_1]

In February, AI coding startup Windsurf was in talks to raise a big new round at a $2.85 billion valuation led by Kleiner Perkins, at double the valuation it hit six months earlier, sources told TechCrunch at the time. That deal didn’t happen, according to a source familiar with the matter. Instead,  news broke in April that the startup planned to sell itself to OpenAI for roughly the same valuation: $3 billion. 

[ad_2]

Source link