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Magic

What Magic does

Magic (Magic AI, Inc.) is a private San Francisco-based AI research and engineering company building long-context foundation models and agentic systems aimed at automating software engineering and AI research. The company says it pursues “frontier code models” by combining frontier-scale pre-training, domain-specific reinforcement learning, ultra-long context (trained and/or used during inference), and inference-time compute, with the stated goal of accelerating “safe AGI” via automated research and code generation. Based on its public technical updates, Magic’s differentiation centers on (1) ultra-long context mechanisms for code/repos, (2) compute-efficient pretraining and scaling research, and (3) model/service scaling using dedicated GPU clusters built in partnership with Google Cloud and NVIDIA.

Magic’s current “product” positioning is closely tied to its long-context model research; its blog describes named context windows and model efforts (LTM-1 and LTM-2) and a progression toward models that can reason over extremely large codebases. The company also publishes an AGI Readiness Policy and maintains a vulnerability disclosure program, indicating an intent to operate with explicit safety governance as capabilities improve.

From an organization standpoint, Magic appears to operate as a tightly staffed lab (public materials reference a small team) with emphasis on hiring for research, training/inference systems, supercomputing infrastructure, and security. Strategically, Magic’s public statements emphasize vertical integration (research, model training, and product/front-end iteration) and scaling compute via large GPU clusters, which supports both longer-context inference and larger-scale training runs.

News

Company record

Sep 08, 2026 · Official · Magic (blog)Magic publishes a compute-efficiency pretraining research update and describes scaling toward trillion-parameter models

Magic posted a September 8, 2026 research update describing compute-efficient pretraining progress for coding models, including claims about effective compute efficiency and results on perplexity-style evaluations.

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Aug 29, 2024 · Official · Magic (blog)Magic describes training a 100M-token context model (LTM-2-mini) and reports new funding; also announces Google Cloud + NVIDIA GB200 NVL72 supercomputer plans

Magic’s August 29, 2024 update discusses its ultra-long context approach, the LTM-2-mini 100M-token model, a partnership to build cloud-based supercomputers (Magic-G4 and Magic-G5), and states it raised $320M from new investors (Eric Schmidt, Jane Street, Sequoia, Atlassian, among others) as part of total $515M raised.

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Jun 06, 2023 · Official · Magic (blog)Magic introduces LTM-1 with a 5 million token context window for repository-wide coding assistance

Magic posted June 6, 2023 research/product information about LTM-1, stating it can take in up to a 5 million token context window to view an entire repository when generating suggestions.

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Feb 06, 2023 · Official · Magic (blog)Magic announces its $23M Series A (CapitalG-led) and outlines its “AI software engineer” roadmap

Magic’s February 6, 2023 post states it raised a $23M Series A from CapitalG and names additional participating investors, framing the investment as acceleration toward an AI software engineer for code generation and review.

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Date not disclosed · Official · Magic (policy page)Magic posts/maintains its AGI Readiness Policy describing capability risk evaluation and mitigation approach

Magic publishes an AGI Readiness Policy page describing how it evaluates, monitors, and reduces existential risks of AI capabilities.

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Date not disclosed · Official · Magic (security)Magic posts/maintains its vulnerability disclosure program

Magic maintains a vulnerability disclosure program page for reporting security issues.

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Date not disclosed · Official · Magic (careers)Magic’s public job listings highlight a small-team hiring model focused on ML/CUDA/infrastructure and security

Magic’s careers page describes benefits and role categories, reinforcing that the company is actively hiring across research and systems areas.

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Source map · 2 recurring channels · 75 references
MagicOfficial Site · monitor↗MTS Frontier / Control RoomCurated Feed · monitor↗Official company sourceOfficial Reference · reference↗status.magic.devOfficial Reference · reference↗sec.govRegulatory · reference↗38de9cca-e84f-4272-853f-56f0c222dadb.filesusr.comReporting · reference↗aclanthology.orgReporting · reference↗aihubswiss.orgReporting · reference↗aiunplugged.ioReporting · reference↗alleywatch.comReporting · reference↗angelresourceinstitute.orgReporting · reference↗app.dealroom.coReporting · reference↗arxiv.orgReporting · reference↗at.linkedin.comReporting · reference↗b17news.comReporting · reference↗bizprofile.netReporting · reference↗bloomberg.comReporting · reference↗capitalg.comReporting · reference↗cbinsights.comReporting · reference↗cdut.edu.cnReporting · reference↗cmu.eduReporting · reference↗craft.coReporting · reference↗crunchbase.comReporting · reference↗digitalmagics.comReporting · reference↗eboona.comReporting · reference↗en.wikipedia.orgReporting · reference↗forgeglobal.comReporting · reference↗formds.comReporting · reference↗fundbat.comReporting · reference↗gaebler.comReporting · reference↗getmagical.comReporting · reference↗github.comReporting · reference↗growjo.comReporting · reference↗hkibfa.ioReporting · reference↗hkifoa.comReporting · reference↗indexed.vcReporting · reference↗insigniam.comReporting · reference↗intro-act.comReporting · reference↗kevinmooreinvests.comReporting · reference↗linkedin.comReporting · reference↗magic.companyReporting · reference↗magica.comReporting · reference↗magicinc.orgReporting · reference↗magicsoftware.comReporting · reference↗maginative.comReporting · reference↗maginteractive.comReporting · reference↗me.shReporting · reference↗neuron.comReporting · reference↗news.crunchbase.comReporting · reference↗nextomoro.comReporting · reference↗openaitoolshub.orgReporting · reference↗openreview.netReporting · reference↗oryndex.coReporting · reference↗owler.comReporting · reference↗parsers.vcReporting · reference↗pdf.dfcfw.comReporting · reference↗prnewswire.comReporting · reference↗provath.comReporting · reference↗raising.fiReporting · reference↗reddit.comReporting · reference↗rothschildandco.comReporting · reference↗searchyour.aiReporting · reference↗seedlist.comReporting · reference↗sequoiacap.comReporting · reference↗siliconvalleyinvestclub.comReporting · reference↗spglobal.comReporting · reference↗startupintros.comReporting · reference↗storage.mfn.seReporting · reference↗techcrunch.comReporting · reference↗techmeme.comReporting · reference↗teeming.aiReporting · reference↗thefintechtimes.comReporting · reference↗think-tank.arts-et-metiers.frReporting · reference↗ubertrends.comReporting · reference↗visithvar.hrReporting · reference↗voicebot.aiReporting · reference↗websets.exa.aiReporting · reference↗

Still resolving: Newsroom · Official X

Funding

Latest disclosed valuationNot disclosed
Tracked capital$696.8M5 sourced rounds

What it builds

LTM-1

Magic describes LTM-1 as a long-context model with a 5 million token context window intended to let Magic’s coding assistant view an entire repository of code.

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LTM-2-mini

Magic describes LTM-2-mini as its first 100M-token context model, with the goal of enabling reasoning over ultra-long context windows for software development.

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LTM-2 (large follow-on)

Magic’s August 2024 research update discusses training and scaling toward a larger LTM-2 model beyond LTM-2-mini.

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Key metrics

Milestones & partnerships