Pre-market trading focus: (NASDAQ: GOOGL) Under the agreement, Google will not hold stake in Windsurf, and most of its existing employees will continue to stay at the company. People familiar with the matter said that OpenAI, the leader in artificia...
Pre-market trading focus:
(NASDAQ: GOOGL)
Under the agreement, Google will not hold stake in Windsurf, and most of its existing employees will continue to stay at the company.
People familiar with the matter said that OpenAI, the leader in artificial intelligence, had also wanted to acquire Windsurf before, but the negotiations between the two sides were in a deadlock. Therefore, Google has the opportunity to take advantage of the situation and reach this deal.
Monday (July 14) Focus: Nvidia said on Sunday (13th) that group CEO Huang Renxun will hold a press conference in Beijing on Wednesday (16th). This is Huang Renxun's second visit to China since April this year, when he emphasized the importance of the Chinese market. Since 2022, the U.S. government has imposed restrictions on the most advanced chips exported to China by Nvidia on the grounds of concerns that Nvidia may be used by China in military projects. Nvidia shares rose 0.07% before trading tonight, and was reported at $165.03. Bitcoin, the world's largest cryptocurrency, rose 4% in the past 24 hours to $122,418, and Bitcoin also hit a record high of $122,873. The strong Bitcoin trend has driven crypto-related stocks to rise before the trading session tonight. At the time of press time, MARA's share price rose 4.23%; Riot Platforms' share price rose 3.22%; Strategy rose 2.76%, and Coinbase's share price also rose 1.33%. Boeing shares rose 1.79% before trading tonight, at $230.88. According to preliminary reports from the Aviation Accident Investigation Agency, the fuel switch failure caused the crash of Air India Flight 171 last month. The accident appears to have nothing to do with the design or manufacture of the aircraft. The report recommends that Boeing does not need to take any corrective measures. After the release of the Onvo L90 recreational vehicle, Morgan Stanley announced that it would reiterate its "overweight" rating for NIO and its target price of $5.90. The pre-sale price of the Onvo L90 recreational vehicle is RMB 279,900 (about US$39,046), and it is expected to be delivered to the reservation customers starting from August 1. NIO's stock price rose 4.09% before trading tonight, and was reported at $4.07. On Monday, let’s take a look at how Google, a search giant under Alphabet Inc, can buy the technical license of artificial intelligence startup Windsurf. The stock fell by 0.54% before trading tonight, and was reported at $179.22. Pre-market active stocks are in sequence: Wolfspeed Inc, Nvidia, Tesla, Plug Power and Lucid Group. At the time of press time, except for the Lucid Group's stock price falling, the stock prices of the other four active stocks rose. Alphabet Inc
In addition, many technology giants are now changing their acquisition methods (only focusing on technology licensing and not holding shares), turning to "acquisition-style" transactions like Google to attract top startup talents while avoiding scrutiny from antitrust regulators. Google spent $2.7 billion last year to recruit former researcher Noam Shazeer and obtained a technology license from the startup Character.AI, he founded. Microsoft and Amazon have also entered into similar deals with other startups.
According to the Wall Street Journal, a person familiar with the matter revealed that Google, a search giant under Alphabet Inc, has agreed to buy a non-exclusive technology license from artificial intelligence programming startup Windsurf for about $2.4 billion, and also hires the company's CEO and some employees to integrate them into Google's DeepMind agent coding department.
U.S. President Trump announced that the United States will impose 30% tariffs on commodities from August 1, causing major Wall Street stock index futures to fall on Monday (July 14). At the time of 7:00, the Standard & Poole 500 futures fell by 19.90 points or 0.32% to 6239.90 points; the Nasdaq 100 futures, dominated by technology stocks, fell by 72.10 points or 0.32%, to 22,708.50 points; the Dow Jones Index futures also fell by 130.00 points to 44,241.50 points. U.S. stocks closed lower last Friday (July 11), amid drags down by technology stocks such as Facebook parent company Meta Platforms. Previously, US President Trump stepped up his tariff offensive against Canada on Thursday (10th), exacerbating uncertainty in U.S. trade policy. Trump said the U.S. will impose a 35% tariff on Canadian products next month and plans to impose a comprehensive tariff of 15% or 20% on most other trading partners. The S&P 500 fell 20.71 points last Friday and closed at 6259.75 points. The Dow Jones Index fell 279.13 points and closed at 44371.51 points. The Nasdaq 100 index also fell by 0.21% or 48.66 points, closing at 22,780.60 points. Trading in the U.S. stock market last Friday was relatively quiet, with the exchange's total trading volume of 15.4 billion shares, significantly less than the average trading volume of 18.3 billion shares in the past 20 days.The failure of this negotiation is a setback for OpenAI. OpenAI is now competing with many other technology companies to develop AI programming assistants. Artificial Intelligence Programming Assistant is one of the largest emerging markets for generative artificial intelligence. The failure of negotiations also shows that tensions between OpenAI and its largest partner Microsoft are hindering its efforts to drive major business decisions. The emergence of Google, Cheng Yaojin, this time, also reflects the intensity of competition among American Silicon Valley giants and retaining the best artificial intelligence scientists and engineers.
Google, a search giant under Alphabet Inc, has agreed to buy a non-exclusive technology license from artificial intelligence programming startup Windsurf for about $2.4 billion, and also hires the company's CEO and some employees to integrate them into Google's DeepMind agent coding division. (Reuters)At that time, OpenAI did not want Microsoft to use Windsurf technology. However, according to the existing contract between OpenAI and Microsoft, Microsoft owns all intellectual property rights of OpenAI.
A few months ago, OpenAI offered to acquire the startup for $3 billion, and the two parties reached the stage of a preliminary agreement. OpenAI hopes to drive the growth of its own artificial intelligence programming products through the acquisition of Windsurf. But the deal was later hampered by Microsoft, the largest investor in OpenAI, objecting to some of the terms of the acquisition agreement.
