AI coding assistants are surging in popularity, as GitHub's recent poll shows widespread adoption among developers. Notably, 25% of Y Combinator's W25 startup batch reported that AI generates 95% of their code. This trend has attracted significant venture capital investment, exemplified by Graphite's $52 million Series B funding led by Accel. Founded in 2020, Graphite initially focused on mobile development tools but shifted to AI-driven code review. It provides feedback by leveraging models from Anthropic and OpenAI, also developing an AI tool named Diamond for automatic bug detection.
Graphite started as an internal tool we built to solve our own pain around code review. We shared what we built and soon the demand for Graphite became too loud to ignore.
Investors are rushing to back startups developing AI-powered assistive programming tools, highlighting the immense potential and demand for such solutions in the coding landscape.
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