Exclusive: AI code-testing startup Blacksmith hits $1 billion valuation as AI-written code surges

AI code-testing startup Blacksmith has reached a $1 billion valuation, nearly doubling its value in two months. This milestone follows a $66 million Series C funding round led by Sequoia. The company's rapid growth is driven by a surge in AI-written code, which has overwhelmed existing testing systems. Blacksmith's integration of AI promotes more efficient, automated code testing, significantly impacting developer workflows and increasing market competition as companies struggle to manage the volume of AI-generated code.