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  1. techstartups.com › 2024/07/03 › ai-coding-startup-magic-seeksAI coding startup Magic seeks to raise $200 million at a $1.5...

    3 days ago · Since its inception in 2022, Magic has raised $140 million from investors, including NFDG Ventures, led by Nat Friedman and Daniel Gross, as well as Alphabet’s CapitalG. Investors, including Jane Street, are expected to participate in the latest round, potentially tripling Magic’s valuation from its last round.

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  3. pharmaphorum.com › news › evolutionaryscale-emerges-142m-aiEvolutionaryScale emerges with $142m for AI drug discovery

    3 days ago · The company has launched with $142 million in seed financing provided by investors led by ex-GitHub chief executive Nat Friedman, tech entrepreneur and former Apple AI head Daniel Gross, and...

  4. siliconangle.com › 2024/07/02 › generative-ai-coding-assistantGenerative AI coding assistant startup Magic AI looking to raise...

    3 days ago · In total, the company has raised over $140 million since being founded in 2022, with backers including Alphabet Inc.’s CapitalG and Nat Friedman and Daniel Gross’s NFDG Ventures. The funding...

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  6. www.benzinga.com › news › 24/07/39614297AI Coding Startup Magic Seeks To Triple Its Valuation To $1.5B In...

    3 days ago · Since its establishment in 2022, Magic has raised $140 million from backers such as Nat Friedman and Daniel Gross' NFDG Ventures, as well as Alphabet Inc.’s CapitalG.

  7. www.theverge.com › 23966325 › openai-sam-altman-fired-turmoilTurmoil at OpenAI: what’s next for the creator of ChatGPT? - The...

    3 days ago · The world’s hottest AI company went through three CEOs in under a week and ended up with the same one it had at the start — so what happened, and what’s next? On November 17th, 2023, OpenAI’s...

  8. www.verdict.co.uk › ai-startup-magic-200m-fundingAI startup Magic in talks to raise over $200m at $1.5bn valuation

    3 days ago · Its backers include NFDG Ventures, co-founded by Nat Friedman and Daniel Gross, as well as CapitalG, a growth fund under Alphabet. When approached for comment, Magic declined, and Jane Street did not respond to inquiries, the publication said.

  9. www.tradingview.com › news › reutersAI coding startup Magic seeks $1.5-billion valuation in new...

    4 days ago · The startup, which has about 20 employees, was last valued at $500 million after the previous February fundraising, according to PitchBook data. It has raised $140 million since it was founded in 2022, from backers including Nat Friedman and Daniel Gross’ NFDG Ventures, as well as Alphabet's GOOG CapitalG. Magic declined to comment.