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Magic AI Secures $117 Million to Build an AI Software Engineer

The startup is carving out a niche by focusing on developing an AI software engineer capable of assisting with complex coding tasks and that will act more as a coworker than merely a "copilot" tool.

Elad gilEric steinbergerDaniel grossNat friedmanMemory networkSan francisco basedLong term memory network

Magic dev Raises $23M in Series A Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

San franciscoUnited statesNat friedmanEric steinbergerElad gil

Code-generating platform Magic challenges GitHub s Copilot with $23M in VC backing

Magic, a company developing a service to rival code-generating tools like GitHub's Copilot, has raised $23 million in venture funding.

Adam smithNat friedmanEric steinbergerElad gil

Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Magic dev Raises $28 Million To Build AI Software Engineer

Magic dev Raises $28 Million To Build AI Software Engineer
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