Magic is an AI research company co-founded by Eric Steinberger and Sebastian De Ro to build frontier code models aimed at automating software engineering and, ultimately, the broader path to AGI. Magic's Twitter Score is 31 out of 1000 as of August 2026, ranking #30,778 (top 10%) among 483,944 tracked accounts.
Magic was co-founded by Eric Steinberger, who serves as CEO, alongside Sebastian De Ro. The company has raised substantial capital across multiple rounds: an initial $5M seed round, a $23M Series A announced on February 6, 2023, and a $320M investment disclosed on August 29, 2024, bringing total funding to $515M per the company's own announcement. Crypto-industry figures Bryan Pellegrino of LayerZero and Arthur Breitman of Tezos participated in the Series A alongside institutional backers including Sequoia Capital, CapitalG, Jane Street, Atlassian, and Amplify Partners.
Magic also counts 10x Founders, NFDG Ventures, Eric Schmidt, Nat Friedman, Daniel Gross, and Elad Gil among its backers. On the research side, Magic announced LTM-2-mini on August 29, 2024, a model trained to reason across a 100-million-token context window. Magic has also unveiled the Magic-G4 and Magic-G5 supercomputers built on Google Cloud, using NVIDIA H100 and NVIDIA GB200 NVL72 systems respectively. Magic has published 28 posts on the platform and has been mentioned by 19 accounts a total of 24 times.
Who follows Magic on X?
The accounts that follow Magic include 162 founders, 59 angel investors, 25 influencers and 2 VCs, among them Ansem, John Wang, Bryan Pellegrino, Zmanian, Antonio Garca Martnez agm.eth and Anil Lulla.