At a Glance · AI-generated

AI startups achieved significant funding milestones this week, with code-focused companies leading valuations. Replit closed a $400 million Series C round, tripling its valuation to $9 billion in just six months, while Axiom raised $200 million for AI code verification technology. Hardware testing startup Nominal secured $80 million at a $1 billion valuation, and Lovable reported adding $100 million in monthly revenue with a lean 146-person team. The funding surge reflects investor confidence in AI-assisted development tools reshaping the software engineering landscape.