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Factory AI CEO Accuses Former VC Board Advisor of Spying for Cognition
Chris Degnan, who had advised Factory AI's board, has taken a job as chief revenue officer at rival Cognition.
By EGazette AI · · 1 min read
Chris Degnan, who had advised Factory AI's board, has taken a job as chief revenue officer at rival Cognition.
The dispute erupted after venture capitalist Chris Degnan, a former board adviser to Factory AI, took a position as chief revenue officer at competitor Cognition.

TechCrunch reports that Cognition's new valuation implies a higher revenue multiple than that of AI coding rival Cursor before its reported sale to SpaceX, suggesting investors do not view the space as winner-take-all.