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

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

Factory, a startup specializing in AI coding solutions for enterprises, reached a $1.5 billion valuation after raising $150 million in a funding round led by Khosla Ventures. The company aims to streamline software development processes with its innovative AI tools, positioning itself as a key player in the enterprise AI market.

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Man who hacked US Supreme Court filing system sentenced to probation

Nicholas Moore, who hacked into three U.S. government networks using stolen credentials, has been sentenced to probation. He gained notoriety by posting victims' personal data on Instagram under the handle @ihackedthegovernment. The case highlights ongoing concerns about cybersecurity and the vulnerabilities within government systems.

TechCrunchApr 17Source ↗
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