This is a news story, published by TechCrunch, that relates primarily to GitHub Copilot news.
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AI code tools marketTechCrunch
•80% Informative
Codeium has closed a $150 million Series C round that values the company at $1.25 billion post-money.
The startup's product competes with GitHub Copilot and other AI-powered coding assistants.
Today , the startup has more than 700,000 users and over 1,000 enterprise customers.
Most AI coding tools are notorious for making stuff up, which can be destructive in an enterprise environment.
But Codeium ’s supposedly superior, deep context-rich tech yields more trustworthy results than most.
Security researchers have warned of the potential for such tools to amplify existing bugs in software.
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