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Magic

AI software engineer with ultra-long context

Updated April 2026

Overview

Website
magic.dev
Segment
AI-Assisted Development
Posture
Autonomous Coding Agents

Revenue model

Pre-revenue; no public products or pricing as of 2026. Focused on R&D, funded by $515M total investment including from Google Cloud, Atlassian, and Eric Schmidt.

Moat

  • Proprietary Technology
  • Patents/IP
  • First Mover
  • Talent

Magic's key competitive moat is its pioneering 100 million token context window, enabling AI to process entire codebases of 10 million lines at once, far surpassing competitors like GitHub Copilot's 2M tokens.