Augment raises $252M to take on GitHub Copilot
AI coding startup Augment just emerged from stealth with a massive $252M funding round at a near-unicorn $977M valuation. Backed by former Google CEO Eric Schmidt and top venture firms, the company is founded by ex-Microsoft and Google veterans aiming to fix code quality and developer burnout. Why it matters: Coding assistants are a brutal, cash-burning market, but Augment now has the runway to take a real shot at Microsoft's GitHub Copilot.