Chamath Palihapitiya raises $135M Series A for AI coding startup, becomes CEO

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Billionaire investor Chamath Palihapitiya has secured $135 million in a Series A funding round for his artificial intelligence coding startup. Palihapitiya, widely known as a prominent venture capitalist, has also taken on the CEO role at the company. The fundraise reflects continued strong investor appetite for AI-driven coding tools and platforms. The deal underscores the broader trend of high-profile figures transitioning from investing to founding and leading AI ventures.

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