AI programming sector experiences significant funding surge as Codeium, a new unicorn, secures $150 million at a valuation exceeding $1.25 billion. Led by General Catalyst with participation from Kleiner Perkins and Greenoaks, this round highlights market optimism for AI programming technology. Codeium's platform leverages its proprietary code models to simplify software development and enhance developer productivity. The funds will accelerate pr....

California-based AI startup Codeium has announced the completion of a $65 million Series B funding round. The round was led by venture capital firm Kleiner Perkins, with participation from Greenoaks and General Catalyst. Codeium stated that it will use the funds to expand its team across various functions and enhance its generative AI-driven coding toolkit.