FAFA

Factory

AI coding agents · Private company

Factory builds AI coding agents and is led by chief executive Matan Grinberg. Marked at $5 billion by Khosla Ventures, Sequoia, Blackstone and Insight, it sits one tier below Cognition in the squeezed agent layer between the model makers and the surface.

Factory

Latest on Factory

Cognition hires Snowflake's Chris Degnan as revenue chief with Devin's run rate at $1 billion

Nikon Answered Cognex's $500 Million Robot-Vision Bet With a Software Update

OpenAI's $20 ChatGPT login is now the meter for Devin and 15 other developer tools

Apex, valued at $2.3 billion in June, now sells factories; Elveo Mobile is the first to sign