Side-by-side comparison of AI visibility scores, market position, and capabilities
AI "coworker" for software development with 5M-token context windows. $466M raised ($320M Series C, Aug 2024); ~1.58B valuation; Google Cloud infrastructure partnership.
Magic AI is an artificial intelligence company building large-scale code generation and software development automation models. Founded in 2022, the company positions its AI system as a "coworker" rather than a coding assistant — capable of managing and reasoning over entire large codebases using context windows of up to five million tokens. This extended context capability allows the AI to understand complex, multi-file software projects at a depth that shorter-context models cannot. In August 2024, Magic raised $320M in a Series C round and established a partnership with Google Cloud, gaining access to Magic-G4/H100 and Magic-G5/Blackwell supercomputer infrastructure. Total funding stands at $466M across four rounds. As of early 2026, Magic employs approximately 103 people and is valued at approximately $1.58B.
Scaleway is a French cloud provider under Iliad Group with ~€150M estimated revenue. Focused on European data sovereignty and GPU cloud for AI. HQ: Paris. Founded 1999.
Scaleway is a French cloud computing provider and subsidiary of Iliad Group, the telecommunications and technology conglomerate founded by billionaire Xavier Niel. Originally launched as Online.net in 1999 and rebranded as Scaleway in 2015, the company has grown into one of Europe's leading independent cloud providers, positioning itself as the European alternative to US hyperscalers for GDPR-sensitive workloads.
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