AI Coding Race Heats Up With Replit Raise
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AI coding platform Replit is raising $400M in a funding round that would value it at $9B, reflecting growing investor interest in developer-focused AI tools. The startup, which previously raised $250M at a $3B valuation, is competing with platforms from OpenAI and Anthropic. Replit's AI-powered coding agents assist developers in software creation, and Google plans to collaborate with them to develop enterprise tools. Additionally, Replit has launched Mobile Apps for iOS and Android, enabling users to create apps through natural language descriptions.
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