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Magic AI: “We’ve Raised $117 Million… to Build an AI Software Engineer”

February 21st, 2024

We've raised $117M from @natfriedman and others to build an AI software engineer.

Code generation is both a product and a path to AGI, requiring new algorithms, lots of CUDA, frontier-scale training, RL, and a new UI.

We are hiring! pic.twitter.com/I3fOLmrKA8

— Magic.dev (@magicailabs) February 15, 2024

Via: BayAreaInno:

A San Francisco startup using artificial intelligence to automate software development has quintupled its total funding with $117 million in fresh capital to develop what it describes as an AI “coworker.”

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