The second wave of AI coding is here

Copilot, a tool built on top of OpenAI's large language models and launched by Microsoft-backed GitHub in 2022, is now used by millions of developers around the world. "Today, more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers," Alphabet CEO Sundar Pichai claimed on an earnings call in October: "This helps our engineers do more and move faster." Expect other tech companies to catch up, if they haven't already. A bunch of new startups have entered this buzzy market too. Newcomers such as Zencoder, Merly, Cosine, Tessl (valued at 750 million within months of being set up), and Poolside (valued at 3 billion before it even released a product) are all jostling for their slice of the pie.