AI coding startup Magic seeks $1.5B valuation in new funding round, aiming to raise over $200M.
AI coding startup Magic seeks $1.5B valuation in new funding round, aiming to raise over $200M with investors like Jane Street. The startup, founded in 2022, has not yet generated revenue or launched a product, but is developing AI models for software writing. The funding round would triple Magic's valuation from its last round, according to sources.
July 02, 2024
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