Augment AI Coding Assistant Emerges as a Rival to GitHub Copilot
Augment is a new player in the AI-driven coding assistant market. It has launched with a whopping $252 million funding. The platform is sponsored by former Google CEO Eric Schmidt and other prominent VCs. It is set to transform the software development industry.
In a recent survey, 44% of software engineers reported using AI tools in their development processes. And it also reported that an additional 26% will plan to do so soon. Gartner expects that by 2028, 75% of developers will use coding assistants.
Igor Ostrovsky is Augment’s co-founder and ex-Microsoft software developer. He believes AI can improve software quality and team efficiency. With the launch of Augment, Ostrovsky wishes to enable the programmers and organizations to deliver high-quality software faster.
Despite the furtive nature of Augment’s operations, it’s clear that the platform plans to monetize through standard software-as-a-service subscriptions. More details about pricing and other aspects will be revealed later this year, closer to Augment’s strategic GA release.
The launch of Augment comes at a time when the demand for AI-powered coding assistants is on the rise. With the increasing difficulty of software development, these tools are becoming essential for developers. They not only help in automating monotonous tasks but also assist in debugging, testing, and even in the design process.
Augment’s entry into the market is anticipated to strengthen the competition. It will be interesting to see how it piles up against established players like GitHub Copilot. With its vigorous funding and strong backing, Augment is certainly a company to watch out for in the AI-driven coding assistant space.
Read More: GitHub AI Code Autofix: GitHub’s AI Revolutionizes Code SecurityÂ
Read More:Â United Airlines Integrates AI to Modernize Flight Operations and Enhance Customer Experience
