Thursday, 1 October, 2026
Factory CEO Accuses VC Adviser of Sharing Confidential Information With Rival Cognition
By TechShots Studio
Factory CEO Matan Grinberg ousted VC adviser Chris Degnan from the board after accusing him of leaking confidential data to top rival Cognition. The dispute escalated when Degnan promptly joined Cognition as CRO. The clash highlights intense rivalries in the AI sector, arriving as Factory defends its $5 billion valuation against Cognition’s massive $48 billion standing.
Read full story at TECHCRUNCH