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 valu…
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