https://techcrunch.com/2023/11/08/code-generating-ai-platform-tabnine-nabs-25m-investment/

Developers are ready to embrace AI tools, spurred by the dual promises of increased productivity and faster learning. According to one recent survey, 77% of devs feel favorably about using AI in their workflows and 70% claim to be using — or planning to use — AI coding tools this year.

Investors see potential in generative coding tools, too — particularly in what the tools can accomplish at enterprise scale. And this enthusiasm is translating to new financing for startups like Tabnine, which today announced that it raised $25 million in a Series B funding round led by Telstra Ventures with participation from Atlassian Ventures, Elaia, Headline, Hetz Ventures, Khosla Ventures and TPY Capital.