Magic
magic.dev
AI coding model startup building long-context software engineering agents.
Quick Information
- Category:
- Coding
- Pricing:
- Contact Sales
- Platforms:
- Web
- Last Verified:
- September 2026
What Is Magic?
Magic is an AI coding model startup building long-context software engineering agents, operating with a lean team of around 20 employees but substantial computing infrastructure (8,000 H100 GPUs). As of 2026, Magic was seeking to raise an additional $200 million at a $1.5 billion valuation, having previously raised $117M and then $320M — all while operating in waitlist-only mode with no public commercial pricing available.
A genuinely important access-status detail worth understanding directly: unlike most AI coding tools now covered in mainstream 2026 pricing comparisons, Magic has not published public pricing and remains in limited, waitlist-gated availability — the company's pitch is "AI that can code anything in any language," but prospective users cannot simply sign up and pay for access the way they could with most competing coding assistants.
It's aimed at those interested in Magic's long-context software engineering agent technology, with the current waitlist-only status and lack of public pricing meaning it's not yet a practically accessible option compared to publicly available AI coding tools — worth watching for a future public launch given the company's substantial recent fundraising and compute investment. See our Developer Tools directory for related available coding tools like Cursor and GitHub Copilot.
What Can You Use Magic For?
Long-context software engineering
Builds AI agents designed for long-context software engineering tasks.
Multi-language code generation
Positions itself as capable of coding in any language.
Magic Features
- Long-context agents — Builds AI agents specifically designed to handle long-context software engineering tasks.
- Substantial compute infrastructure — Operates with 8,000 H100 GPUs to power its AI models.
Who Is Magic For?
- Waitlisted early adopters — Awaits access to Magic’s long-context coding agent technology, currently gated by a waitlist.
- Investors and industry watchers — Tracks Magic’s substantial fundraising and compute investment ahead of a potential public launch.
Magic Pros & Limitations
What We Like
- Substantial compute investment (8,000 H100 GPUs) signals serious technical ambition
- Significant recent fundraising ($200M sought at $1.5B valuation) suggests continued investor confidence
- Focus on long-context software engineering agents addresses a genuinely challenging technical problem
Limitations
- No public pricing available — the platform remains in waitlist-only mode as of 2026
- Not practically accessible compared to publicly available AI coding tools
- Unclear timeline for general availability or commercial launch
Magic Pricing
Contact Sales
Pricing was last verified recently. Check the official website for the latest pricing.
AI Listing Jungle Ranking
- Global Rank:
- #155
- Overall Score:
- 71.9/100
- Monthly Users:
- –
- Rank Change:
- ▼ 9
This ranking reflects AI Listing Jungle's own independent scoring methodology and is not an endorsement by Magic or its company. How Our Rankings Work
Frequently Asked Questions
Can I sign up for Magic right now?
No, it remains in waitlist-only mode with no public commercial access as of 2026.
How much does Magic cost?
No public pricing is available given its current waitlist-only status.
How much funding has Magic raised?
It previously raised $117M and then $320M, and was seeking an additional $200M at a $1.5B valuation as of 2026.
What is Magic’s technical focus?
Long-context software engineering agents, powered by substantial compute infrastructure including 8,000 H100 GPUs.
Our Take
Magic's waitlist-only status and lack of public pricing genuinely limit its practical accessibility compared to widely available AI coding tools, despite substantial funding and compute investment.
Watch for a future public launch given the company's continued fundraising activity, but don't expect immediate access as of 2026.
Magic Alternatives
Magic Comparisons
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