The A.I. Daily
Factory CEO Accuses Board Advisor of Spying for Cognition
Factory CEO Matan Grinberg said he fired board advisor Chris Degnan, alleging he leaked confidential information to rival Cognition; two hours later Degnan announced joining Cognition as CRO. Factory raised $200M at a $5B valuation this month, while Cognition raised $2B at a $48B valuation.