The tech industry loves a good revolution story. And right now, “vibe coding”—natural language prompts that generate complete ...

The generative artificial intelligence-powered coding startup Magic AI Inc. is reportedly hoping to raise more than $200 million in a new funding round that will bring its value to $1.5 billion. The ...

Magic is building frontier code models to automate software engineering and research. This AI coding assistance startup raised $320 million in a funding round led by former Google CEO Eric Schmidt.

Magic AI Inc. and Codeium, two startups using artificial intelligence to make developers more productive, have both closed nine-figure funding rounds to support their growth efforts. Magic disclosed ...