According to filings with the U.S. Securities and Exchange Commission, Magic AI dba Magic is raising up to $117,332,923.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Eric Steinberger played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Magic AI dba Magic
Build aligned and more complete AI to accelerate humanitys progress on the worlds most important problems. Magic is working on frontier-scale code models to build a coworker, not just a copilot. Things we do: Stare at PTX and SASS to optimize GPU kernels. Keep Kubernetes clusters with thousands of GPUs busy and stable. Scour every corner of the internet for data. Adapt our sharding framework to train a new architecture. Design new hardware-aware algorithms.

To learn more about Magic AI dba Magic, visit http://magic.dev/

Contact:
Eric Steinberger, Chief Executive Officer
628-345-8736
https://www.linkedin.com/in/ericsteinb/

SOURCE: http://www.intelligence360.io
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