Blitzy, an AI coding company co-founded by former Nvidia architect Sid Pardeshi, announced the completion of a $200 million funding round, led by Northzone, with participation from Battery Ventures, Jump Capital, and crypto investment firm Morgan Creek Digital, among others. The Blitzy platform can reportedly parse complex systems with over 100 million lines of code and execute development, testing, and verification tasks in parallel through thousands of AI agents. This model is considered a significant application of agentic AI in the development field. The new funding will be used to expand R&D and market reach, with a focus on serving highly regulated industries such as finance. (Techfundingnews)