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Factory hits .5B valuation to build AI coding for enterprises | TechCrunch
More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative use case for the technology.

Although multiple companies — including Anthropic, maker of Claude Code, as well as Cursor and Cognition — are already vying for dominance, investors believe there is room for at least one more player.







On Wednesday, Factory, a startup developing AI agents for enterprise engineering teams, announced it had raised 0 million at a .5 billion valuation. The round was led by Khosla Ventures, with participation from Sequoia Capital, Insight Partners, and Blackstone. Keith Rabois, a managing director at Khosla Ventures, joined the startup’s board.

Factory founder Matan Grinberg told the Wall Street Journal that the company’s key differentiator is its ability to switch between different foundation models, such as Anthropic’s Claude or Chinese AI startup DeepSeek. However, startups like Cursor also don’t rely on a single model to generate code.

Factory’s customers include engineering teams at Morgan Stanley, Ernst & Young, and Palo Alto Networks.

The startup was founded in 2023 after Grinberg, then a PhD student at UC Berkeley, cold-emailed Sequoia partner Shaun Maguire. The two bonded over mutual academic interest. (Maguire’s PhD from Caltech is in the same area of physics Grinberg was studying.)

Maguire convinced Grinberg to drop out and launch Factory, with Sequoia backing the startup at the seed stage.

	
		
		Techcrunch event
		
			
			
									San Francisco, CA
													|
													October 13-15, 2026
							
			
		
	

#Factory #hits #1.5B #valuation #build #coding #enterprises #TechCrunchAI coding tools,In Brief,Khosla Ventures,Sequioa

Factory hits $1.5B valuation to build AI coding for enterprises | TechCrunch

More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative use case for the technology.

Although multiple companies — including Anthropic, maker of Claude Code, as well as Cursor and Cognition — are already vying for dominance, investors believe there is room for at least one more player.

On Wednesday, Factory, a startup developing AI agents for enterprise engineering teams, announced it had raised $150 million at a $1.5 billion valuation. The round was led by Khosla Ventures, with participation from Sequoia Capital, Insight Partners, and Blackstone. Keith Rabois, a managing director at Khosla Ventures, joined the startup’s board.

Factory founder Matan Grinberg told the Wall Street Journal that the company’s key differentiator is its ability to switch between different foundation models, such as Anthropic’s Claude or Chinese AI startup DeepSeek. However, startups like Cursor also don’t rely on a single model to generate code.

Factory’s customers include engineering teams at Morgan Stanley, Ernst & Young, and Palo Alto Networks.

The startup was founded in 2023 after Grinberg, then a PhD student at UC Berkeley, cold-emailed Sequoia partner Shaun Maguire. The two bonded over mutual academic interest. (Maguire’s PhD from Caltech is in the same area of physics Grinberg was studying.)

Maguire convinced Grinberg to drop out and launch Factory, with Sequoia backing the startup at the seed stage.

Techcrunch event

San Francisco, CA | October 13-15, 2026

#Factory #hits #1.5B #valuation #build #coding #enterprises #TechCrunchAI coding tools,In Brief,Khosla Ventures,Sequioa

More than three years after the emergence of generative AI, AI-assisted coding remains by far the most popular and lucrative use case for the technology.

Although multiple companies — including Anthropic, maker of Claude Code, as well as Cursor and Cognition — are already vying for dominance, investors believe there is room for at least one more player.

On Wednesday, Factory, a startup developing AI agents for enterprise engineering teams, announced it had raised $150 million at a $1.5 billion valuation. The round was led by Khosla Ventures, with participation from Sequoia Capital, Insight Partners, and Blackstone. Keith Rabois, a managing director at Khosla Ventures, joined the startup’s board.

Factory founder Matan Grinberg told the Wall Street Journal that the company’s key differentiator is its ability to switch between different foundation models, such as Anthropic’s Claude or Chinese AI startup DeepSeek. However, startups like Cursor also don’t rely on a single model to generate code.

Factory’s customers include engineering teams at Morgan Stanley, Ernst & Young, and Palo Alto Networks.

The startup was founded in 2023 after Grinberg, then a PhD student at UC Berkeley, cold-emailed Sequoia partner Shaun Maguire. The two bonded over mutual academic interest. (Maguire’s PhD from Caltech is in the same area of physics Grinberg was studying.)

Maguire convinced Grinberg to drop out and launch Factory, with Sequoia backing the startup at the seed stage.

Techcrunch event

San Francisco, CA
|
October 13-15, 2026

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#Factory #hits #1.5B #valuation #build #coding #enterprises #TechCrunch

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Deadspin | Bunting Brewers squeeze out 2-1 win over Blue Jays <div id=""><section id="0" class=" w-full"><div class="xl:container mx-0 !px-4 py-0 pb-4 !mx-0 !px-0"><img src="https://images.deadspin.com/tr:w-900/28743534.jpg" srcset="https://images.deadspin.com/tr:w-900/28743534.jpg" alt="MLB: Toronto Blue Jays at Milwaukee Brewers" class="w-full" fetchpriority="high" loading="eager"/><span class="text-0.8 leading-tight">Apr 16, 2026; Milwaukee, Wisconsin, USA; Milwaukee Brewers starting pitcher Brandon Sproat (23) delivers a pitch against the Toronto Blue Jays in the first inning at American Family Field. Mandatory Credit: Michael McLoone-Imagn Images<!-- --> <!-- --> </span></div></section><section id="section-1"> <p>A sacrifice bunt by Joey Ortiz scored Garrett Mitchell for the go-ahead run as the Milwaukee Brewers edged the visiting Toronto Blue Jays 2-1 on Thursday afternoon.</p> </section><section id="section-2"> <p>Milwaukee turned to small ball in the bottom of the seventh to claim the series win. Milwaukee used three straight bunts to take its first lead of the game. Mitchell led off the inning with a walk and a Greg Jones sacrifice bunt moved him to second base with one out.</p> </section><section id="section-3"> <p>David Hamilton laid down a bunt single and Milwaukee had runners on first and third. Ortiz’s bunt only dribbled a few feet in front of home plate, but it was enough to score Mitchell for a 2-1 lead.</p> </section><section id="section-4"> <p>Angel Zerpa pitched around a leadoff single in the ninth inning to notch his second save.</p> </section><section id="section-5"> <p>While neither starting pitcher factored into the decision, they both turned in strong outings. Patrick Corbin struck out six and gave up four hits, one run and a walk in 5 2/3 innings. Brewers starter Brandon Sproat also posted six strikeouts with four hits, one run and one walk as he covered 6 2/3 innings.</p> </section><br/><section id="section-6"> <p>Toronto struck first as it opened the top of the third with an Andres Gimenez double that bounced fair over first base. Ernie Clement followed up with a single lined sharply to center field and the Blue Jays had runners on the corners.</p> </section> <section id="section-7"> <p>Tyler Heineman’s safety-squeeze bunt was tucked inside the first base line and plated Gimenez for a 1-0 Toronto lead.</p> </section><section id="section-8"> <p>With a leadoff double in the bottom of the fourth, Brice Turang extended his on-base streak to all 16 games he has played this season. William Contreras lined a cutter into left field and Milwaukee had two men on with no outs.</p> </section><section id="section-9"> <p>Luis Rengifo’s sacrifice fly to shallow left field scored Turang, whose headfirst slide to the inside of home plate avoided Heineman’s tag and tied the game at 1-1.</p> </section><section id="section-10"> <p>Davis Schneider’s walk and Daulton Varsho’s single opened up the top of the sixth. But Sproat wriggled out of the jam as he induced Vladimir Guerrero Jr. into a double-play groundout, and Jesus Sanchez flew out to left field.</p> </section><section id="section-11"> <p>–Field Level Media</p> </section></div> #Deadspin #Bunting #Brewers #squeeze #win #Blue #Jays

If your T-Mobile service was disrupted on Monday, you may be able to get some compensation for your troubles.

Multiple outlets, including KTLA in Los Angeles, have reported that some T-Mobile customers have been able to get at least $20 off their next bill because of the outage. One Reddit user said they were able to save as much as $80 (spread out over multiple billing cycles) by telling customer service that they missed out on a work opportunity because of the outage.

Generally, it seems that these credits are not automatic, and you may have to personally contact T-Mobile customer service to be compensated for your troubles.

After a major Verizon mobile outage in January, Verizon offered all affected customers a $20 credit.

Millions of T-Mobile users found their phones stuck in SOS mode on Monday afternoon, which led to plenty of criticism of the brand on social media. T-Mobile did acknowledge and apologize for the outage, though it has not explained what happened.

Mashable contacted T-Mobile repeatedly to ask about the outage and its causes, but so far, the company has been silent. The most recent post at the T-Mobile news page is the company’s Q2 2026 earnings report, in which the company saw growing revenue and profits, with total revenue for the quarter of $22.7 billion.

#TMobile #outage #credit #bill">T-Mobile outage: You might be able to get credit on your bill
                                                            If your T-Mobile service was disrupted on Monday, you may be able to get some compensation for your troubles.Multiple outlets, including KTLA in Los Angeles, have reported that some T-Mobile customers have been able to get at least  off their next bill because of the outage. One Reddit user said they were able to save as much as  (spread out over multiple billing cycles) by telling customer service that they missed out on a work opportunity because of the outage. 
        SEE ALSO:
        
            T-Mobile is giving away the Apple iPhone 17 for free — how to qualify
            
        
    
Generally, it seems that these credits are not automatic, and you may have to personally contact T-Mobile customer service to be compensated for your troubles.
        
            Mashable Light Speed
        
        
    

After a major Verizon mobile outage in January, Verizon offered all affected customers a  credit.Millions of T-Mobile users found their phones stuck in SOS mode on Monday afternoon, which led to plenty of criticism of the brand on social media. T-Mobile did acknowledge and apologize for the outage, though it has not explained what happened.

    
        This Tweet is currently unavailable. It might be loading or has been removed.
    


Mashable contacted T-Mobile repeatedly to ask about the outage and its causes, but so far, the company has been silent. The most recent post at the T-Mobile news page is the company’s Q2 2026 earnings report, in which the company saw growing revenue and profits, with total revenue for the quarter of .7 billion.

                    
                                            
                            
                        
                                    #TMobile #outage #credit #bill

T-Mobile service was disrupted on Monday, you may be able to get some compensation for your troubles.

Multiple outlets, including KTLA in Los Angeles, have reported that some T-Mobile customers have been able to get at least $20 off their next bill because of the outage. One Reddit user said they were able to save as much as $80 (spread out over multiple billing cycles) by telling customer service that they missed out on a work opportunity because of the outage.

Generally, it seems that these credits are not automatic, and you may have to personally contact T-Mobile customer service to be compensated for your troubles.

After a major Verizon mobile outage in January, Verizon offered all affected customers a $20 credit.

Millions of T-Mobile users found their phones stuck in SOS mode on Monday afternoon, which led to plenty of criticism of the brand on social media. T-Mobile did acknowledge and apologize for the outage, though it has not explained what happened.

Mashable contacted T-Mobile repeatedly to ask about the outage and its causes, but so far, the company has been silent. The most recent post at the T-Mobile news page is the company’s Q2 2026 earnings report, in which the company saw growing revenue and profits, with total revenue for the quarter of $22.7 billion.

#TMobile #outage #credit #bill">T-Mobile outage: You might be able to get credit on your bill

If your T-Mobile service was disrupted on Monday, you may be able to get some compensation for your troubles.

Multiple outlets, including KTLA in Los Angeles, have reported that some T-Mobile customers have been able to get at least $20 off their next bill because of the outage. One Reddit user said they were able to save as much as $80 (spread out over multiple billing cycles) by telling customer service that they missed out on a work opportunity because of the outage.

Generally, it seems that these credits are not automatic, and you may have to personally contact T-Mobile customer service to be compensated for your troubles.

After a major Verizon mobile outage in January, Verizon offered all affected customers a $20 credit.

Millions of T-Mobile users found their phones stuck in SOS mode on Monday afternoon, which led to plenty of criticism of the brand on social media. T-Mobile did acknowledge and apologize for the outage, though it has not explained what happened.

Mashable contacted T-Mobile repeatedly to ask about the outage and its causes, but so far, the company has been silent. The most recent post at the T-Mobile news page is the company’s Q2 2026 earnings report, in which the company saw growing revenue and profits, with total revenue for the quarter of $22.7 billion.

#TMobile #outage #credit #bill

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