Nvidia-Backed Startup CodeRabbit Valued at $1.5 Billion in Round

CodeRabbit has raised $143 million in a new funding round, bringing the AI-powered code review startup to a valuation of $1.5 billion. The company provides automated tools for identifying errors in software, a sector gaining traction as developers increasingly rely on AI to generate code. By automating the quality control process, the platform aims to address the growing need for oversight in software development workflows.