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Factory, whose AI coding agents switch between AI models depending on the complexity of the task, is in talks to raise $150M led by Khosla at a $1.5B valuation (Angel Au-Yeung/Wall Street Journal)

Techmeme [Unofficial] April 16, 2026
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Angel Au-Yeung / Wall Street Journal: Factory, whose AI coding agents switch between AI models depending on the complexity of the task, is in talks to raise $150M led by Khosla at a $1.5B valuation — Matan Grinberg's Factory, which offers autonomous coding tools, is competing with the likes of Anthropic, OpenAI and Cursor

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