U.S. Startup Magic Seeks $200M Funding to Triple Valuation to $1.5BMagic, a startup specializing in AI software writing, seeks over $200 million funding, tripling valuation to $1.5 billion despite no revenue or product yet.
Exclusive: AI coding startup Magic seeks $1.5-billion valuation in new funding round, sources sayMagic, a startup focused on AI software development, is in discussions for a $200 million funding round, despite no revenue or product for sale.