Artificial Intelligence Magic AI | Frontier Scale Code Models


Enterprise, Enterprise Software, AI Model, Software Intelligence, Code Models, Code Generation San Francisco, California, United States

Magic AI

Artificial Intelligence


Magic AI | Frontier Scale Code Models

Magic AI

Enterprise Software, AI Model, Software Intelligence, Code Models, Code Generation


San Francisco, California, United States

Build aligned and more complete AI to accelerate humanity’s progress on the world’s most important problems. Operator of a software development company intended to build aligned and more complete AI. The company's platform develops reliable ways to align with human values, offers reinforcement learning that teaches AI through trial and error, and offers systems that typically pick up a vast amount of information during training and then use it during inference, enabling developers to find, consider, and reuse code.

  • Code generation is both a product and a path to AGI

  • AGI safety matters and is solvable

  • To build a great AI product, we need to train our own frontier-scale model

  • Transformers aren’t the final architecture; we have something with a multi-million-token context window

 
 

   Total Funding: $465M

   Funding Stage: Funded

   Business Stage: Scaling Up

   Market: B2B

   Company Size: 1 to 25

   Founded: 2022

Aug 2024

  • Magic AI raised $320M Funded round. Total funding reached to $465M

Feb 2024

  • Funding : Magic AI raised $117M Series B round. Total funding reached to $145M
 
 

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Date

Round

$ Raised

Investors

08/29/2024

Funded

$320M

Schmidt, CapitalG, Atlassian, Elad Gil, Jane Street, Nat Friedman, Daniel Gross, Sequoia

Date : 08/29/2024

Round: Funded

$ Raised: $320M

Investors: Schmidt, CapitalG, Atlassian, Elad Gil, Jane Street, Nat Friedman, Daniel Gross, Sequoia

02/20/2024

Series B

$117M

Nat Friedman, NFDG Ventures, CapitalG, Elad Gil

Date : 02/20/2024

Round: Series B

$ Raised: $117M

Investors: Nat Friedman, NFDG Ventures, CapitalG, Elad Gil

 

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Eric Steinberger

Eric Steinberger
Co-Founder, AI Lead, Chief Executive Officer & Board Member

 
 

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