[HN Gopher] Eric Schmidt-backed Augment, a GitHub Copilot rival,...
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Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out
of stealth
Author : jmcphers
Score : 38 points
Date : 2024-04-24 20:19 UTC (2 hours ago)
(HTM) web link (techcrunch.com)
(TXT) w3m dump (techcrunch.com)
| ChrisArchitect wrote:
| Official post: https://www.augmentcode.com/blog/augment-inc-
| raises-227-mill...
| mepian wrote:
| I wonder if the name was inspired by Doug Engelbart's system:
| https://dougengelbart.org/content/view/155/
| bix6 wrote:
| Anyone tried it?
| s09dfhks wrote:
| Friend of mine works there and got me access to the VScode
| plugin. I've only used it a handful of times and I have not
| used copilot. It makes ok suggestions. That's about all I can
| say. I don't expect it to do my job for me but it's not useless
| xenospn wrote:
| Same as copilot, then?
| simple10 wrote:
| I'm always a bit surprised when startups come out of stealth mode
| with no product demo videos and only a press release. My guess is
| they're either wanting to raise more money before official
| launch, or just wanting to grab a press cycle ahead of competitor
| announcements to build the waitlist. Is there any strategic
| reason in 2024 to not include more details on the website?
| mooreds wrote:
| They raised 277M. I hope they don't need to raise more money:
| https://www.augmentcode.com/blog/augment-inc-raises-227-mill...
| simple10 wrote:
| It's AI. They'll likely end up raising a lot more money if
| for no other reason than acquisitions and building a
| financial mote. The AI companies with the most money in the
| bank will likely win.
| krainboltgreene wrote:
| I ask that you look at the last 20 years of venture capital
| and tell me if they're going to be able to stop.
| mooreds wrote:
| Sure, but not right now (since they just raised their B).
|
| My guess is it was the second reason:
|
| > wanting to grab a press cycle ahead of competitor
| announcements to build the waitlist.
| mritchie712 wrote:
| also, why be in stealth for such an obvious product? There are
| dozens of recently launched well funded competitors in addition
| to all the incumbents that have added similar features.
| silenced_trope wrote:
| Right? I wonder what this will offer?
|
| Marginal improvement over GitHub CoPilot or Cursor?
| simple10 wrote:
| Not to belabor the point, but for comparison sake, here's
| another launch on HN today for an AI tool[1] that can create
| frontend code. When I asked to make a landing page with
| Augment's value proposition, it created a decent looking site
| that included a demo video section and testimonials. I'm eager
| to try out Augment to see if it can create it's own landing
| page. lol
|
| https://langcss.com/
| russellbeattie wrote:
| If anyone from Augment reads this, the careers@augmentcode.com
| email address (from the "Apply Now" button on the careers page)
| is bouncing with a "does not exist" error.
| dalmaer wrote:
| Sorry Russell! Fixing it now...
| neilv wrote:
| First Eric Schmidt colluded with executives at other large
| employers to suppress software developer wages and job mobility.
| https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
|
| Now he's trying to get into the business of reducing software
| developer headcount and professionalism, through copyright-theft-
| laundering LLMs.
| celeritascelery wrote:
| > Even Copilot loses money, to the tune of around $20 to $80 a
| month per user, according to The Wall Street Journal
|
| Wow. Does that mean that once the VC money tries up that will be
| the real cost of the products ($30-$90 a month)? That is much
| less accessible than $10.
| dudus wrote:
| The cost is supposed to go down as LLMs become more efficient
| and hardware efficiency goes up with time.
| ipsum2 wrote:
| WSJ is wrong. Autocomplete code models are small (5B param) and
| very cheap. A single inference is roughly $0.000001.
| acchow wrote:
| Copilot uses GPT4 now
| krainboltgreene wrote:
| The only thing more hilarious than these articles is how funny it
| will be when the companies either close because they can't
| possibly solve "Most companies are dissatisfied with the programs
| they produce and consume; software is too often fragile" as a
| problem set _or_ they don 't make enough money to justify the $1B
| valuation (and rising!).
|
| The writers of this article don't even bother doing any
| introspection into these claims or ideas. Is it important to know
| that programmers have been using AI for the last 50 years? I'm
| sure it isn't.
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