Mike Cannon-Brookes, the CEO of enterprise software giant Atlassian, was one of the first users of the Arc browser. Over the last several years, he has been a prolific bug reporter and feature requester. Now he'll own the thing: Atlassian is acquiring The Browser Company, the New York-based startup that makes both Arc and the new AI-focused Dia browser. Atlassian is paying $610 million in cash for The Browser Company, and plans to run it as an independent entity.
Two recent product releases point to this trend: OpenAI's ChatGPT Agent and Perplexity's Comet browser. The ChatGPT Agent uses a basic browser to surf the web on behalf of users, while Comet takes it further by allowing language models to access logged-in sites and complete tasks for users. Both products have not yet achieved reliable performance and currently require expensive subscription access due to their high computing needs.