Investment

A London startup behind an ‘AI software developer’ has raised $2.5 million in funding.

Cosine, also based in San Francisco and backed by Y Combinator, raised the funds from SOMA, Uphonest, Lakestar and Focal, among others.

The company, founded in 2022, says it has achieved a breakthrough in AI-assisted software development with its artificial developer Genie.

Genie is able to solve bugs, build features and refactor code, either fully autonomously or collaboratively with other developers. It imitates human software developers’ behaviours.

“Our breakthrough in codifying human reasoning is allowing us to train AI models to operate far beyond the narrow range of tasks and tightly restricted prompts currently available to teams developing software,” said CEO Alistair Pullen.

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His fellow co-founder Yang Li, COO, added: “We’ve developed a product capable of beating OpenAI and others in completing complex software tasks – in a fraction of the time and money it has taken our competitors to achieve the same results.

“We’re on course to radically transform the way development and developers work.”

Sam Stenner, CIO and also a co-founder, said: “We are focused on creating a colleague, not a co-pilot. After we figured out how to generate data sets that codify human reasoning which can then be used to train LLMs, we knew the potential for what we had built and worked with OpenAI to fine tune their largest context window LLMs. 

“We’re confident we now have the capabilities to consistently beat our own top score.”

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