Code Metal Raises $125 Million to Rewrite the Defense Industry’s Code With AI

The Boston startup uses AI to translate and verify legacy software for defense contractors, arguing modernization can’t come at the cost of new bugs.

AI code translation startup Code Metal reels in $125M at $1.25B valuation

The company disclosed in its Thursday funding announcement that it’s now valued at $1.25 billion. That’s up from $250 million in November. Salesforce Ventures led the raise with participation from ...
eWeek

Code Metal Hits $1.25B Valuation With AI Code Fix

Code Metal hit a $1.25B valuation after a $125M round, using AI to translate and verify legacy code for defense and other regulated systems.
Ars Technica

OpenAI’s Canvas can translate code between languages with a click

On Thursday, OpenAI unveiled Canvas, a new interface for ChatGPT designed to enhance collaboration on writing and coding projects. The feature bears similarities to a feature called Artifacts in ...
techtimes

Microsoft Translator Improves with Z-Code for Better AI Translations

Microsoft Translator is now receiving a new power with its AI translation from the Project Z-Code Mixture of Experts that introduces new machine learning techniques. The translations would focus on ...
The Business Journals

Code Metal CEO discusses $36.5M in VC, growth in defense and automotive clients

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Code Metal has attracted major ...
InfoWorld

IBM Watsonx to use generative AI to translate COBOL code into Java

The product is targeted at modernizing mainframe applications that run on IBM Z systems, as the number of COBOL developers starts to dwindle. In a bid to help IBM Z systems customers modernize their ...