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

# Factory Lands $150M to Scale AI Coding Tools for Businesses An AI startup called Factory just raised $150 million in funding, bringing its total value to $1.5 billion—a sign that investors believe there's real money to be made in helping companies automate software development work. The three-year-old company builds AI tools that write code for enterprises, potentially reducing the time and cost of building software products. This funding will let Factory expand its team and reach more business customers who want to speed up their software development process.