Nvidia-Backed CodeRabbit Valued at $1.5 Billion after $143 Million Funding Round

CodeRabbit, an AI-powered coding tool backed by Nvidia, has secured $143m in funding from Atomico and Smash Capital. The round values the company at $1.5bn.

The funds will be used to accelerate international expansion, particularly into Asia with a focus on Japan and Singapore, as well as advance research and product development.

Nvidia's backing is significant, given the chipmaker's growing interest in AI applications.