Factory hits $1.5B valuation to build AI coding for enterprises
TL;DRAI coding startup Factory raised $150M, hitting $1.5B valuation.
Why it matters: Enterprise AI coding tools are becoming well-funded competitive products shaping developer workflows.


Luma launches AI-powered production studio with faith-focused Wonder Project
TL;DRAI video startup Luma launches faith-based content studio, starting with Moses film.

Upscale AI in talks to raise at $2B valuation, says report
TL;DRAI infrastructure startup Upscale AI seeks funding at $2B valuation after seven months.
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Bluesky experienced server outages from a suspected DDoS attack early morning ET.