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Company: "windsurf"
3x in 3 months: Cursor @ $28b, Cognition + Windsurf @ $10b
qwen3-coder chatgpt-agent claude-code mini cursor cognition windsurf alibaba openai anthropic perplexity agentic-ai fundraising software-engineering ai-coding agentic-economy model-integration community-feedback performance-benchmarking bindureddy xikun_zhang_ aravsrinivas gergelyorosz jeremyphoward
Cursor is reportedly fundraising at a $28 billion valuation with $1 billion ARR, while the combined Cognition+Windsurf entity is fundraising at a $10 billion valuation after acquiring Windsurf remainco for $300 million. The competition between AI coding agents intensifies as Cursor focuses on Async SWE Agents and Cognition+Windsurf acquires an agentic IDE. Alibaba's Qwen3-Coder gains widespread adoption for coding tasks and integration into tools like Claude Code and LM Studio. OpenAI rolls out ChatGPT Agent to all Plus, Pro, and Team users, sparking discussions about an "agentic economy" emphasizing AI literacy. Anthropic's Claude Code is praised as a premier development tool with active community feedback. Perplexity's Comet browser assistant receives positive reviews and new feature showcases. The debate continues on whether AI coding tools will replace developers, with critiques highlighting the ongoing human effort required. A new minimalistic software engineering agent, mini, achieves 65% on SWE-bench with just 100 lines of code.
not much happened today
kimi-k2 grok-4 gpt-5 gemini-2.5 gemini-embedding cognition windsurf moonshot-ai x-ai openai google stanfordnlp huggingface mixture-of-experts model-training model-performance fine-tuning benchmarking agentic-ai model-bugs embedding-models sama hardmaru jeremyphoward akhaliq teortaxestex yuchenj_uw demishassabis
Cognition is acquiring the remaining assets of Windsurf after a significant weekend deal. Moonshot AI released Kimi K2, an open-source, MIT-licensed agentic model with 1 Trillion total / 32B active parameters using a Mixture-of-Experts architecture, trained on 15.5 Trillion tokens with the MuonClip optimizer, showing top performance on benchmarks like EQ-Bench and Creative Writing. xAI launched Grok-4, ranking 5th on IQ Bench but with notable quirks including a bug causing it to respond only with "Heavy" and a high frequency of Elon Musk mentions. Rumors about OpenAI delaying an open-source model release surfaced, with speculation about CEO sama's PR strategy and a possible GPT-5 launch in September. The Gemini 2.5 paper was released with 3,295 authors, and Google introduced its Gemini Embedding model, topping the MTEB leaderboard.