Loading...
Market
Story
AI Coding Startups Near $1B Funding, Claim 'Killer App' Status
Aug 23, 2024, 07:06 AM
AI-powered coding is attracting significant investment, with almost $1 billion in funding, signaling its emergence as a 'killer app' in the field of generative AI. According to Dealroom, AI coding assistant startups, including Anysphere and Augment, have raised $433 million in 2024 alone, bringing the total funding since January 2023 to $906 million. This influx of capital suggests that software engineering is becoming a primary application for generative AI technologies. The substantial financial backing indicates a transformative potential for AI in programming and coding, enhancing and accelerating development processes.
View original story
Similar markets
Microsoft • 25%
Google • 25%
Meta • 25%
No new partnership • 25%
Yes • 50%
No • 50%
Microsoft • 25%
Meta • 25%
Apple • 25%
Other • 25%
Google • 25%
Apple • 25%
Microsoft • 25%
Other • 25%
Yes • 50%
No • 50%
Google • 25%
Apple • 25%
Microsoft • 25%
Amazon • 25%
Amazon • 25%
Google • 25%
Apple • 25%
Other • 25%
Yes • 50%
No • 50%
Microsoft makes a major acquisition • 25%
Amazon makes a major acquisition • 25%
Meta makes a major acquisition • 25%
Other tech companies make major acquisitions • 25%