Poolside, an AI-powered software development platform, has raised $500 million in a Series B funding round led by Bain Capital Ventures, with participation from eBay Ventures and Nvidia. The startup's total raised now stands at $626 million, with a valuation of $3 billion. Poolside CEO Jason Warner believes AI will surpass human-level intelligence in software development.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:11:01 AM |
Han Wang and Hahnbee Lee, developers and entrepreneurs, are building a next-gen platform for writing software documentation. They cite companies like Stripe, Hashicorp, and Twilio as raising the bar on developer content, making it a competitive advantage. The duo aims to simplify workflows and improve the developer experience.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:11:01 AM |
Magic, an AI startup, has raised $320 million in funding from investors including ex-Google CEO Eric Schmidt, Jane Street, Sequoia, and others, bringing its total raised to nearly half a billion dollars. The company will use the funds to build two supercomputers on Google Cloud Platform. The funding round catapults Magic into a cohort of better-funded generative coding startups.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:11:01 AM |
Codeium, a startup that competes with GitHub Copilot, has raised $150 million in a Series C round led by General Catalyst, valuing the company at $1.25 billion. The company's co-founder and CEO, Varun Mohan, stated that Codeium has not yet touched its previous funding of $65 million. The startup has raised a total of $243 million in funding since its launch three years ago.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:11:01 AM |
According to a 2024 survey by Dynatrace, 88% of tech leaders say that the complexity of their tech stacks increased in the past year. Checkly's CEO and co-founder, Tim Nolet, claims that many observability vendors are too expensive to use at scale and charge unreasonable additional fees for specific capabilities, support, and maintenance.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:11:01 AM |
Mistral, a French AI startup backed by Microsoft, has released Codestral, a generative AI model for coding. Trained on over 80 programming languages, Codestral can complete coding functions, write tests, and fill in code. The model aims to help developers write and interact with code more efficiently.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:11:01 AM |
Port, a platform founded by Yonatan Boguslavski and Zohar Einy, has raised $35 million in a Series B round. The company aims to centralize multiple dev tools and workflows in a single dashboard, reducing dependence on DevOps teams. Einy, the CEO, believes that modern developers are responsible for more than just writing code, and that this dependence creates a bottleneck that hurts scalability.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:10:55 AM |
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:10:55 AM |
AWS has shut down its five-year-old AI-powered keyboard experiment, DeepComposer. The company announced the decision in a blog post, stating that users will be able to access their data on the AWS DeepComposer console until September 17, 2025, when support for the service will end. Kanchan Jagannathan, AWS AI devices program manager, made the announcement.
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:10:55 AM |
Source: https://techcrunch.com/tag/dev/feed/
2024-10-30 08:10:55 AM |