As developers write code, Copilot suggests code that will automatically complete what they are working on, and it’s capable of completing even lengthy pieces of code. In this fashion, Magic is similar to Microsoft’s GitHub Copilot, which uses the AI model based on GPT-3 to write software code automatically. It is a common step for many of today’s automated code generation tools to use less complex interfaces that take away the tedium of code writing, suggesting code based on what developers are already writing. In essence, the idea is that the AI would operate essentially like a “colleague inside the computer” that acts as a smart agent that can do part of the work of generating and helping edit the code. Magic’s tool, which is not available yet, operates by allowing software engineers to describe what they want in natural language and it generates code - what the company calls “software that builds software.” In this fashion, the AI and the developer can work together to find code, consider its use, reuse it and then collaborate on code changes. The Series A funding round was led by Alphabet’s CapitalG and was joined by Elad Gil, Nat Friedman and Amplify Partners, bringing the total raised by the company to $28 million. Magic AI Inc., a startup that’s building an artificial intelligence platform to generate code, said today that it has raised $23 million in new funding to build out its team and prepare its product for launch.
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