Factory

Come hang out with Factory, Foundry, and other AI founders, engineers & operators for happy hour in SF next Wednesday! Registration is capped. RSVP here: https://lu.ma/tik670w9

💻 Join us for an Agents Hackathon in San Francisco on Sunday, August 11th, hosted by Fireworks AI, Factory, and LangChain. Apply here ➡ https://lu.ma/kwp4mkr3 What exactly defines an agent? An agent is a system that uses an LLM to determine the control flow of an application. The more an LLM dictates the system's behavior, the more "agentic" it becomes. The autonomous capabilities of agents will enable new, innovative applications. This hackathon is your chance to collaborate, innovate, and push the boundaries of what's possible with agents 🤖 ✨

A fun conversation with Eno Reyes, Sonya Huang, and Pat Grady on Factory's origins, our disciplined approach to building product with AI, and the future unlocked by autonomous coding Droids 🤖

Last week Factory announced a new record on the AI coding benchmark SWE-bench. This week, founders Matan Grinberg and Eno Reyes talk about their vision for autonomous Droids, Archimedes' compound lever, and their latest SWE-bench results on our new Sequoia Capital AI podcast, Training Data with me and Pat Grady. New episodes weekly. Listen or watch, and subscribe! Available on these platforms and wherever you listen to podcasts. YouTube: https://seq.vc/TDE2y Spotify: https://seq.vc/TDE2s Apple: https://seq.vc/TDE2a Amazon: https://seq.vc/TDE2am (01:36) Personal backgrounds (10:54) The compound lever (12:41) What is Factory? (16:29) Cognitive architectures (21:13) 800 engineers at OpenAI are working on my margins (24:00) Jeff Dean doesn't understand your code base (25:40) Individual dev productivity vs system-wide optimization (30:04) Results: Factory in action (32:54) Learnings along the way (35:36) Fully autonomous Jeff Deans (37:56) Beacons of the upcoming age (40:04) How far are we? (43:02) Competition (45:32) Lightning round (49:34) Bonus round: Factory's SWE-bench results

Not long ago, I was attending the Cerebral Valley Summit and finally met Matan, who I'd heard about for some time. Listening to his ambitious vision to change the future of software engineering hooked me and is what led to today's announcement. We’re excited to announce our participation in Factory AI's $15M Series A led by Sequoia Capital (Shaun Maguire), with participation from Lux Capital (Brandon Reeves). This funding will be used to further their passionate mission to bring autonomy to software engineering. Droids are built from the ground up to support secure and complex enterprise organizations that want to increase their engineering velocity. They also happen to be the most advanced software development AI systems that exist, thanks to Factory’s research in agentic behavior and AI-computer interfaces. For those of you deep in AI, you'll appreciate this - Factory’s Code Droid set the new state of the art of [31.67%] on SWE-Bench lite (300 problems) and [19.27%] on SWE-Bench Full, establishing itself as the most advanced software development AI System available - www.swebench.com/ for more details. And perhaps most importantly and exciting, the team is hiring. Join them and us as investors as they continue building on the cutting-edge of applied AI research. www.factory.ai/careers Francesca LaBianca, Matan Grinberg, Eno Reyes, Factory

Factory's Droids are game-changing for speeding up software development, reaching new heights for state-of-the-art performance benchmarks. To manage their LLM workflows, Eno Reyes and his team at Factory used LangSmith to gain in-depth observability of their autonomous systems while maintaining enterprise-level security. After automating their feedback loop in LangSmith, the Factory team 2x'ed their iteration speed and boosted engineering productivity. Read more here: https://lnkd.in/gP7YpKJ5

🚀 How Factory used LangSmith to automate their feedback loop & improve iteration speed by 2x Using LangSmith, Factory doubled their iteration speed, helping them become the leading platform for software development lifecycle automation. Read more here: https://lnkd.in/gP7YpKJ5

THE MACHINE THAT BUILDS THE MACHINE Today we are excited to announce the latest updates from Factory and the next steps in our mission to Bring Autonomy to Software Engineering. Droids are autonomous systems that solve problems for engineers. Not just in demos. Not just in simple repositories. In complex, production settings. Testing, debugging, refactoring, migrating, reviewing, documenting — world class organizations are accelerating their software development with Factory’s Droids. In addition to building out the Droid Fleet, we have some other exciting updates to share: - New State-of-the-Art scores on SWE-bench, an AI Coding Benchmark. - New Fundraising. $15M Series A led by Sequoia Capital. INDUSTRY-LEADING AI CODING BENCHMARKS Powered by breakthrough research in reasoning and planning, these Droids also are the most advanced AI coding systems that exist. SWE-bench (cc John Yang Carlos E. Jimenez Shunyu Yao) is the industry-leading standard for benchmarking AI coding ability. Factory’s Code Droid has set new State-of-the-Art Benchmarks, across the board: 31.67% on SWE-Bench LITE (300 problems). 19.27% on SWE-Bench FULL (2294 problems). Read more in our technical report: https://lnkd.in/guwushJk NEW FUNDRAISING We are also pleased to share that we’ve raised a $15M Series A from our good friends Sequoia Capital and Shaun Maguire. Thrilled to also bring Mantis Venture Capital, Alex Pall, and Abstract Ventures onboard, while continuing to work with Lux Capital Gokul Rajaram SV Angel BoxGroup and others. Read more in our blog post: https://lnkd.in/gD2ZpQQx HIRING Most importantly, the journey so far and the journey ahead would not be possible without the incredible Factory Team. If you are a relentlessly ambitious individual, if you have demonstrated unreasonable aptitude for solving difficult problems, and if you are looking to revolutionize how software is built, join us. The Factory must grow. www.factory.ai/careers Matan Grinberg Eno Reyes David Vendrow Nikita Lilichenko Affan H. Stepan Bedratiuk Jonathan Lucuix-André Leo T. Kal Grinberg Theo L. Jim Walnum Francesca LaBianca

Excited to announce our $5M fundraise, led by Sequoia Capital and Lux Capital (with participation from SVA, BoxGroup, Ali Ghodsi, Clem Delangue 🤗, Gokul Rajaram, Jay Simons, Blake Byers, Geoff Yang, Patrick David Hsu, and more), to bring autonomy to software engineering. https://lnkd.in/guvTeq2u If you are relentlessly ambitious and hungry to work on the highest leverage technology in history, join us. It takes a killer team to change the world. David Vendrow Nikita Lilichenko Vijay N Affan H.