WC-Co cemented carbide has been widely used as machining tool material due to its good mechanical properties. Grinding is an important process in the manufacture of cemented carbide tools. When grinding tools, there are problems such as excessive grinding force, small chip space, and poor lubrication and cooling performance, which in turn contribute to surface defects such as burrs, burns, and even edge damage such as edge chipping. These problems constrain the use of carbide tools, so that the cutting force is unstable and the machining surface quality is poor when the tool is in service. In this paper, straight-line and wavy-texture patterns were designed and formed on the surface of WC-Co tools using a picosecond laser. Grinding experiments were conducted on the ablated tool using a resin-bonded diamond wheel, and surface morphology, roughness, grinding force, and cutting edge quality were evaluated. Finally, turning experiments were conducted to compare the cutting performance of the tools after conventional and laser-assisted grinding. The experimental results showed that the tools with wavy texture showed superior surface and cutting edge quality, with 53.7% and 51.2% reduction in normal and tangential grinding forces, respectively, and 66.6% maximum reduction in edge chipping for the wavy textured tools. Therefore, this study not only reveals the advantages of laser-assisted grinding in machining WC-Co cutting tools, but also provides a valuable theoretical basis for realizing high-efficiency and low-loss tool machining.