Magic AI and Codeium, two startups using AI to make coding easier and faster, recently received huge investments.
Magic, which specializes in creating powerful AI models specifically for programming, secured $320 million to continue developing its technology.
Codeium, which offers an AI-powered code editor with a chatbot that helps developers, raised $150 million to expand its features and user base.
These investments show that AI is becoming increasingly important in the world of software development, and these companies are at the forefront of this exciting trend.