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Factory CEO Matan Grinberg cut ties with adviser Chris Degnan on Wednesday, alleging Degnan negotiated with rival Cognition while privy to Factory's private business talks. Degnan resigned Monday, denies sharing information, and Cognition rejects the claims. The feud drew in investors Vinod Khosla and Sequoia's Shaun Maguire, exposing tensions between two well-funded AI coding startups.
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Summary by ByteBrief
AI Freeze Debate Divides Silicon Valley