Factory, which makes AI agents called “droids” to assist in coding, raised $50M at a $300M valuation; AI coding startups raised $7.5B+ in the past three months (George Hammond/Financial Times)

George Hammond / Financial Times:
Factory, which makes AI agents called “droids” to assist in coding, raised $50M at a $300M valuation; AI coding startups raised $7.5B+ in the past three months  —  Sequoia, NEA and Nvidia invest $50mn in Factory in bet software engineering will be critical application for the tech