Blitzy, a startup focused on generative artificial intelligence (Gen AI), has secured $10 million in funding to develop coding copilots that can assist developers by 2024. The company aims to create AI systems capable of understanding and generating code, similar to GitHub’s Copilot but with more advanced capabilities. Blitzy’s approach involves training large language models on vast amounts of code data to enable them to comprehend programming languages and assist developers with tasks like code generation, debugging, and optimization. The startup believes that by 2024, their coding copilots will be able to handle complex software engineering tasks, potentially revolutionizing the way developers work. However, challenges remain, such as ensuring the AI’s outputs are reliable, secure, and free from biases or errors. Blitzy’s funding round was led by Greylock Partners and Cowboy Ventures, with participation from other investors.
Source: https://www.businessinsider.com/blitzy-gen-ai-startup-vc-funding-coding-copilots-2024-9