Magic
AI LabAI company developing models with extremely long context windows for coding.
Employees
50-100
Funding
$465M+
Valuation
$1.5B
Status
Private
About Magic
Magic is an AI company developing models with extremely long context windows designed for software engineering tasks. The company has pioneered approaches to extend context length to millions of tokens, enabling AI to understand and work with entire codebases at once. Magic has raised over $465 million in funding and is building toward an AI software engineer that can handle complex, multi-file coding projects. The company's research focuses on the fundamental challenge of giving AI models the ability to hold much more information in working memory, which is critical for real-world software development where understanding the full context of a project is essential.
Key People
Eric Steinberger
CEO & Co-Founder
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