AI Startup Factory Lands $150M to Power Next-Gen Coding Tools
In a major vote of confidence for AI-assisted programming, startup Factory just secured $150 million in funding at a $1.5 billion valuation. Backed by top investors like Khosla Ventures and Sequoia, the company helps enterprise clients like Morgan Stanley write better code by smartly switching between AI models. What makes Factory stand out in this crowded space? And how did a Berkeley PhD student turn a cold email into a unicorn?