Magic, an AI startup developing models to generate code and automate a range of software development tasks, says that it’s raised a large tranche of cash from investors including ex-Google CEO Eric Schmidt. In a blog post on Thursday, Magic said that it closed a $320 million fundraising round with contributions from Schmidt, Jane Street, […]
A startup whose product competes with GitHub Copilot and other AI-powered coding assistants has achieved unicorn status. On Thursday, Codeium said it closed a $150 million Series C round led by General Catalyst that values the company at $1.25 billion post-money. The round, which also saw participation from existing investors Kleiner Perkins and Greenoaks Capital,
GitHub Copilot competitor Codeium raises $150M at a $1.25B valuation Read More »
It’s not uncommon for developers working at companies of a certain size to have trouble keeping track of all the software dev-related tasks and bugs that need to be addressed. According to a 2024 survey by Dynatrace, 88% of tech leaders say that the complexity of their tech stacks increased in the past year, and
Checkly tests software by mimicking the way people use it Read More »
Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral. Codestral, like other code-generating models, is designed to help developers write and interact with code. It was trained on over 80 programming languages, including Python, Java, C++ and JavaScript, explains Mistral
Mistral releases Codestral, its first generative AI model for code Read More »
