AI software developer Replit raises $250 million at $3 billion valuation
AI software developer platform Replit on Wednesday said it has raised $250 million in a funding round that values the San Francisco-based company at $3 billion, as investors continue to back AI startups.
Valuations for code-generation firms or “code-gen” startups have climbed as companies look to use AI to assist – and in some cases replace – human software engineers.
