Magic AI Raises $117M for Generative AI Coding 'Coworker' Not 'Copilot

Generative AI code assistant startup Magic AI raises $80 million in Series B funding from NFDG Ventures and other investors, aiming to revolutionize software development with an AI "coworker" approach to code generation. Magic AI's use of advanced generative AI models with large context windows sets it apart in the competitive landscape of code assistants, positioning it as a game-changing technology for accelerating software engineering innovation.