According to Bloomberg, developer tool company StackBlitz Inc. is in discussions with investors and plans to raise funds at a valuation of $700 million. The company's CEO Eric Simons stated that the deal will be led by Emergence Capital and GV (formerly Google Ventures), with StackBlitz expecting to raise $83.5 million. The funding will also involve Madrona Venture Group, Con.
Globally, various enterprises are striving to understand generative AI and explore the potential value it may bring. According to Deloitte's recent report on the state of generative AI, most organizations are performing well in achieving returns on their investments. This report is based on a survey of 2,773 leaders and covers the business conditions of companies in 14 countries, revealing the progress and challenges faced by organizations in the application of generative AI. Image source note: The image is generated by AI and authorized by Midjourney.