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AI Text-to-Code Startup StackBlitz in Talks for $700M Valuation

StackBlitz Inc., the maker of developer tool Bolt.new, is finalizing talks to raise money from investors at a $700 million valuation, its chief executive officer said — the latest deal for an artificial intelligence startup promising to change computer programming and coding. The company is set to raise $83.5 million in a deal led by Emergence Capital and GV, formerly Google Ventures, said CEO Eric Simons. Madrona Venture Group, Conviction and Mantis are also participating....

Read more at bloomberg.com

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