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AI startup Magic targets $1.5B valuation in funding round
Published: 2024-07-04
US-based startup Magic, which specialises in developing artificial intelligence models for coding, is reportedly negotiating with investors for a sum exceeding $200 million as part of its latest funding round. Three sources familiar with the deal-making who spoke to Reuters on condition of anonymity, noting that the discussions are private, expect the round to value... Read more » The post AI startup Magic targets $1.5B valuation in funding round appeared first on Developer Tech News.