Inception, which is building diffusion-based AI models for code and text, raised a $50M seed led by Menlo and releases an update to its Mercury coding model (Russell Brandom/TechCrunch)
PositiveArtificial Intelligence

Inception, which is building diffusion-based AI models for code and text, raised a $50M seed led by Menlo and releases an update to its Mercury coding model (Russell Brandom/TechCrunch)
Inception has successfully raised $50 million in seed funding, led by Menlo, to develop diffusion-based AI models for coding and text generation. This funding is significant as it allows Inception to enhance its Mercury coding model, which could revolutionize how developers interact with AI in their workflows. The advancements in AI technology are crucial for improving efficiency and creativity in coding, making this development a noteworthy milestone in the tech industry.
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