Chamath Palihapitiya's 8090 Labs raised 135 million dollars for startups

Savvy investor and former Facebook executive Chamath Palihapitiya has made a major return to the tech world with his artificial intelligence startup, 8090 Labs, according to Zamin.uz.

He announced that the company has raised $135 million in a Series A funding round for its AI startup, 8090 Labs, which focuses on automating software development processes and is expected to open new opportunities for the corporate sector.

This was reported by Techcrunch.com. The investment round was led by Salesforce Ventures.

Other notable investors participating in the round include WndrCo, Craft Ventures, and influential figures such as David Sacks, David Friedberg, and Jason Calacanis—co-founders of the popular All-In podcast. Tech leaders like Nikesh Arora, CEO of Palo Alto Networks, and Adam D'Angelo, co-founder of Quora, have also backed the startup.

Founded in January of this year, 8090 Labs’ flagship product is called Software Factory—an AI agent designed specifically for enterprise development teams.

It doesn’t just generate simple code snippets; it helps build secure, governable software that meets the demands of large organizations.

A key advantage of the Software Factory system is that it includes all the governance mechanisms required by enterprise clients, such as audit trails and security protocols.

This gives large companies full confidence in code generated with AI assistance.

Palihapitiya emphasized that today’s excitement around AI surpasses even the growth of social networks during his time at Facebook.

Along with securing the investment, Palihapitiya announced an unexpected shift: he is no longer just a board member but has taken on the role of CEO at 8090 Labs.

This marks his first full return to operational leadership since leaving Facebook.

He shared the sentiment on his X (formerly Twitter) page, writing that he had been waiting for this moment.

“Since leaving Facebook, I’ve been waiting to return to a full-time operational role. Now I’m fully confident that what we’re building is even more important than what came before,” he said.

The success of this startup could also be significant for emerging markets like Uzbekistan.

As the country currently focuses on boosting its IT export potential, tools like Software Factory could help local development teams produce high-quality, internationally compliant products faster.

AI-assisted coding is expected to bring meaningful changes to the software industry in the near future.