Replit Raises $9 Billion, Proves AI Can Write Better Code Than Most Devs (But Still Can't Fix Its Own Bugs)
Replit Inc., the AI coding startup that's apparently better at writing code than most developers, is about to get a whopping $9 billion valuation in its upcoming funding round, because who needs human coders when you have AI, right? This massive funding round is expected to bring the company's total raised capital to a staggering amount, which is roughly the same amount of money that most devs make in a lifetime. With this new funding, Replit plans to further develop its AI coding technology, which has already shown promise in improving coding efficiency, but let's be real, it still can't fix its own bugs, so there's that. The company's AI technology has been making waves in the tech industry, with some hailing it as the future of coding, while others are just waiting for it to inevitably create a coding singularity that will replace all human devs. Replit's success has also sparked debate about the role of AI in coding, with some arguing that it will augment human capabilities, while others think it will just make us all obsolete, but hey, at least the code will be bug-free, right?