Bank of America: Google (GOOGL.US) is heavily betting on AI code, while industry giants GitLab (GTLB.US) and JFrog (FROG.US) are facing encirclement.
According to the Zhitong Finance APP, Google (GOOGL.US) has acquired the technology license and talent team of Windsurf, a company that specializes in AI code generation tools, for $2.4 billion. This deal may intensify competition in the DevSecOps field. Analysts from Bank of America suggest that this move could pose competitive pressure on companies like GitLab (GTLB.US) and JFrog (FROG.US).
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