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Magic AI from San Francisco secures $320M Investment to advance AI-Driven Code Generation
Magic AI, a startup focused on developing AI models to automate coding and software development tasks, has raised $320 million in a new funding round. The investment was led by former Google CEO Eric Schmidt, along with contributions from Alphabet’s CapitalG, Atlassian, Sequoia, and others. This brings Magic’s total funding to $465 million, placing it among the top-funded AI coding startups.

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