AI code translation startup Code Metal reels in $125M at $1.25B valuation

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...
TMCnet

Code Metal Secures $125M Series B at $1.25B Valuation to Bridge the Trust Gap in AI Code Generation

This new round comes just months after Code Metal's Series A, underscoring the company's rapid growth and the urgency with which defense and other regulated industries are moving to adopt verifiable ...

Code Metal Raises $125 Million to Rewrite the Defense Industry’s Code With AI

The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.
eWeek

Code Metal Hits $1.25B Valuation With AI Code Fix

Code Metal hit a $1.25B valuation after a $125M round, using AI to translate and verify legacy code for defense and other regulated systems.
TechCrunch

StarCoder 2 is a code-generating AI that runs on most GPUs

Developers are adopting AI-powered code generators — services like GitHub Copilot and Amazon CodeWhisperer, along with open access models such as Meta’s Code Llama — at an astonishing rate. But the ...