16:37 - 6.05.2025

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May 6, Fineko/abc.az. OpenAI has agreed to acquire the AI code editor of Windsor (formerly Codeium) for $3 billion.

ABC.AZ reports, citing Bloomberg, that the acquisition could help OpenAI overcome growing competition in the market for AI-based coding assistants capable of performing tasks such as writing code based on natural language prompts.

Windsor, officially called Exafunction Inc., recently negotiated with investors, including Kleiner Perkins and General Catalyst, to raise $3 billion in financing. The company was valued at $1.25 billion in a deal conducted by General Catalyst last year.

A competitor of OpenAI Anthropic and owned by Microsoft Corp. Github offers AI tools for programmers.

OpenAI recently completed the $40 billion financing led by SoftBank Group Corp., which values the company at $300 billion. On Monday, OpenAI said it was abandoning plans to restructure into a more traditional commercial business after facing public opposition.