CNBC’s Deirdre Bosa joins 'Money Movers' to discuss Big Tech's AI talent raid.

Google has secured the CEO and leading engineers from AI coding startup Windsurf, shortly after OpenAI's $3 billion acquisition of the company was called off. The shift reportedly stemmed from Windsurf's concerns about sharing its technology with Microsoft, OpenAI's largest investor, due to competitive overlap in AI coding tools.

Instead of a full acquisition, Google executed a $2.4 billion talent-focused deal, bringing Windsurf's team under the leadership of Sundar Pichai and DeepMind. The event underscores the intensifying competition among tech giants for AI talent, as regulatory barriers limit traditional mergers and acquisitions, prompting companies to prioritize talent recruitment and licensing agreements.

Google snatches Windsurf CEO after OpenAI deal dissolves

Google now getting aggressive in these AI talent wars, poaching the CEO and the top talent of coding startup Windsurf right after OpenAI called off its $3 billion acquisition of that startup. Deirdre Bosa has the latest in today's tech check. Morning, De. Hey, morning, Carl. So, in the cutthroat world of AI, this was a knife twist. OpenAI lined up a $3 billion acquisition only to watch Google walk off with the talent. Now, Windsurf, as Carl mentioned, it's a buzzy AI coding startup. It was deep in acquisition talks with OpenAI. The idea was to fold its tech and user base into OpenAI's expanding app layer. But then, late Friday night, Google swoops in, not with an acquisition, but another one of these pseudo-Aqua hires, a $2.4 billion talent play for Windsurf's CEO and key engineers. Leading to a key question here, guys. Why did OpenAI lose this deal? I'm told by a source that Microsoft loomed large. It is, of course, OpenAI's biggest investor. But Windsurf reportedly had concerns about sharing its technology with Microsoft as part of the deal with OpenAI, especially since Microsoft's own co-pilot, it directly competes in AI coding. Now, of course, Google didn't have that baggage. So now those engineers will report to Sundar Pichai and DeepMind, not Sam Altman. Now, this all suggests that OpenAI's entanglement with Microsoft, it's becoming more of a liability, not just as OpenAI pushes to restructure into a for-profit and raise fresh capital, but also in M&A during these cutthroat talent wars. Now, this all matters for investors because the rules of engagement in AI, they are changing. With a regulatory climate that is still unfriendly to full acquisitions by the mega-caps, the path to scale isn't M&A, it's talent poaching and license deals. And that means that companies building the models and that have the infrastructure to train them, they are structurally advantaged. That is harder to disrupt, despite Trump's administration's push to help so-called little tech, the startups like the ones on the bottom of your screen here who have all sort of sold out to big tech. So the power is shifting back to, or you could say it is staying with the biggest players, the mega-caps. Now, this helps explain also, guys, why Meta and Zuckerberg are spending billions of dollars to build their own models and deploy sovereign scale infrastructure. It all comes together with stories like these ones. And you have one every single day, it feels like, one of these big acquisitions. It doesn't stop. Hires. Thank you, Deirdre.

Christian leaders have accused Israeli settlers of attacking sacred sites in the West Bank. The Greek Orthodox Patriarch of Jerusalem, Theophilos III - visiting the Christian town of Taybeh with other clerics - said settlers had started a fire near a cemetery and a 5th century church there last week.

Jerusalem

Clerics accuse West Bank settlers of attacking Christian sites

Australian Prime Minister Anthony Albanese is in Beijing ahead of talks with Chinese President Xi Jinping. He's there to broaden economic cooperation with China, which is Australia's top trade partner, while taking into account security concerns.

Beijing

Australia's Albanese pushes Aussie exports in China visit

In an Oval Office meeting, President Trump announced that the US will sell weapons to European nations, who will then send them to Ukraine. The president also threatened new trade consequences if no peace deal is reached with Ukraine within 50 days.

Washington

Global Tariffs

Ukraine Invasion

Trump gives Russia new deadline for Ukraine peace deal

Astronauts from India, Poland, Hungary and the U.S. are returning from the International Space Station following the historic Axiom Mission 4 trip. CBS News' consultant Bill Harwood joins with more details.

Cape Canaveral

Axiom Mission 4 crew returns from historic trip to I.S.S.

Hundreds of Palestinians on Sunday (July 13) mourned two men who were killed in overnight clashes by settlers in the West Bank. One of the deceased is 20-year-old Sayafollah Musallet, a U.S. citizen.

Mourners bury U.S. citizen killed in West Bank settler attack

Search efforts resumed for the more than 160 people still missing from the deadly July 4 floods in Central Texas after being halted Sunday morning due to renewed flood threats. CBS News' Karen Hua has the latest.

Kerrville

Heavy rains halt recovery efforts in central Texas

Following his recent criticism of Russian President Vladimir Putin, U.S. President Donald Trump said he plans to send Patriot missiles to Ukraine. Trump, for the first time since he took office in January, is also considering authorizing new funding for Ukraine.

Trump considers new funding for Ukraine

Two women were killed and two people were injured in a church shooting in Lexington, Kentucky, after the suspect initially shot a state trooper, police said. CBS News correspondent Nicole Valdes has the latest.

Lexington

Two women killed in Kentucky church shooting

The European Union said it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement, after U.S. President Donald Trump ratcheted up his trade war on the bloc.

Brussels

EU holds off on U.S. tariff countermeasures for now to pursue talks

One year ago, Thomas Crooks, a recent community college graduate, opened fire on then-candidate Donald Trump at a campaign rally in Butler, Pennsylvania. A year later, there's still no answers to why Crooks did it. Scott MacFarlane reports.

Butler

Motive still a mystery a year after Trump assassination attempt

Several European leaders and Mexican President Claudia Sheinbaum have expressed disappointment at the 30% tariffs US President Donald Trump has announced, but maintained openness to reach a negotiated solution.

Leaders of EU and Mexico slam Trump's 30% tariffs

A preliminary report depicted confusion in the cockpit shortly before an Air India jetliner crashed and killed 260 people last month, after the plane's engine fuel cutoff switches flipped almost simultaneously and starved the engines of fuel.

Ahmedabad

Air India crash report shows pilot confusion over fuel cutoff

Iran’s foreign minister says his country is ready to resume nuclear talks with the United States but will need assurances that there will be no more attacks against it. Abbas Araghchi made the comments on Saturday, during a meeting with foreign diplomats in Tehran.

Tehran

Middle East Conflict

Iran willing to resume nuclear talks with U.S. if given assurances

Australia will not commit troops in advance to any conflict, Defence Industry Minister Pat Conroy said on Sunday (July 13), responding to a report that the Pentagon has pressed its ally to clarify what role it would play if the U.S. and China went to war over Taiwan.

Council of the City of Sydney

Australia to 'support status quo' on Taiwan amid U.S. defense push

The Pentagon is urging Japan and Australia to clarify what role they would play if the U.S. and China went to war over Taiwan, the Financial Times is reporting. According to the newspaper, the reported request caught Japan and Australia 'off-guard'.

Taipei

Australia caught 'off guard' by U.S demands over Taiwan

A federal judge in California temporarily halted the Trump administration from making indiscriminate arrests based on race and denying detainees access to lawyers.

Los Angeles

Judge orders Trump to stop Californian immigration raids

President Trump issued new threats in his global trade war, aiming at two more of America's biggest trading partners. The E.U. and Mexico responded by calling the tariffs unfair and disruptive.

Trump announces tariffs on European Union, Mexico

The U.S. Embassy in Jerusalem asked the Israeli government for details following the death of an American citizen in the West Bank. It comes as Israel's defense minister created controversy this week when he announced plans to build a new so-called safe humanitarian city for Gazans.

Tel Aviv-Yafo

Palestinian-American dies in West Bank

Palestinians and human rights activists expressed alarm after Israel's defence minister said he plans to move all Palestinians in Gaza into a camp at the southern tip of the war-battered enclave, according to Israeli media.

Rafah

Israel's plan for 'humanitarian city' in Rafah sparks outrage

President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the European Union starting on August 1, after weeks of negotiations with the major U.S. trading partners failed to reach a comprehensive trade deal.

Mexico City

Trump intensifies trade war, threatens 30% tariffs on EU, Mexico

On June 12, the London-bound Boeing 787 crashed in Ahmedabad. All 230 passengers on board, except for one, were killed.

Engine fuel cut off before Air India plane crash, report reveals

A preliminary report depicted confusion in the cockpit shortly before an Air India jetliner crashed, killing 260 people last month, after the plane's engine fuel cutoff switches almost simultaneously flipped, starving the engines of fuel.

Air India crash report shows confusion over engine switch movement

An Israeli airstrike hit Palestinians near a medical center in Gaza on Thursday, killing 10 children and six adults, local health authorities said, as ceasefire talks dragged on with no immediate deal expected. This report contains graphic and disturbing images.

Israeli strike kills children near medical clinic in Gaza

Russian strikes against Ukraine persisted overnight and reportedly injured at least nine people and caused damage to a maternity hospital, according to officials. This comes as President Volodymyr Zelenskyy meets with European allies in Rome.

Kyiv

Russia launches more strikes, damages Ukraine maternity hospital

Israeli Prime Minister Benjamin Netanyahu is returning to Israel without a ceasefire deal with Hamas despite optimism from the Trump administration. CBS News' Elizabeth Palmer reports.

Netanyahu returns to Israel without Gaza ceasefire deal

Immigration and Customs Enforcement (ICE) raids in California turned violent after protesters clashed with agents from the Trump administration carrying out an operation at a Camarillo farm.

Camarillo

Protesters clash with ICE agents over immigration operation

CNN’s Isa Soares explains how a crippling 50% tariff on goods from Brazil may not be all about the economy.

Trump targets Brazil with 50% tariff

Volunteers in Texas are searching for flood victims and combing through debris along a 30 mile stretch of the Guadalupe River. CNN’s Ed Lavandera spoke with Texans who are coming together to bring closure to their community.

Center Point

Urgent search operations for flood victims stretch miles in Texas

U.S. President Donald Trump said the United States would impose a 35% tariff on imports from Canada next month and planned to impose blanket tariffs of 15% or 20% on most other trade partners.

Trump puts 35% tariff on Canada, eyes 15%-20% levies for others

Volunteers in Comfort, Texas, are digging through debris with heavy equipment and cadaver dogs, searching for flood victims. U.S. President Donald Trump is set to visit Friday, raising questions about his plan to scale back federal disaster relief.

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