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AI Code-Gen Startup Valuations Surge as Big Tech Circles

Summary by Fast Company
Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development. So-called code generation or “code-gen” startups are commanding sky-high valuations as corporate boardrooms look to use AI to aid, and sometimes to replace, expensive human software engineers. Cursor, a code generation startup based in San Francisco that can suggest and complete lines of code and write who…

8 Articles

French AI startup Mistral has released a coding assistant called Mistral Code. It will compete with similar tools Windsurf, Cursor, and GitHub Copilot.

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Fast Company broke the news in on Tuesday, June 3, 2025.
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