Augment, a GitHub Copilot rival, launches out of stealth with $252 million

AI is supercharging coding -- and developers are embracing it. In a recent StackOverflow poll, 44% of software engineers said that they use AI tools as part of their development processes now and 26% plan to soon. Meanwhile, Gartner estimates that over half of organizations are currently piloting or have already deployed AI-driven coding assistants, and that 75% of developers will use coding assistants in some form by 2028. Ex-Microsoft software developer Igor Ostrovsky believes that, soon, ther

Augment, a startup developing an AI-powered platform similar to GitHub's Copilot, has launched out of stealth valued at nearly $1 billion.