AI coding agent startup Factory triples valuation to $5 billion
Factory said it raised $200 million in a funding round that more than tripled its valuation to $5 billion.
Factory, which develops AI agents for enterprise engineering teams, said Tuesday it raised $200 million in a funding round that lifted its valuation to $5 billion, more than tripling it. AI-assisted coding has become one of the most widely used applications of generative AI, attracting billions of doll…