Generative AI coding startup Magic lands $320M investment from Eric Schmidt, Atlassian and others

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 this morning, Magic said that it closed a $320 million funding round with contributions from Schmidt, Jane Street, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Aug 29, 2024 - 20:40

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Generative AI coding startup Magic lands $320M investment from Eric Schmidt, Atlassian and others

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 this morning, Magic said that it closed a $320 million funding round with contributions from Schmidt, Jane Street, […]