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Palihapitiya's 8090 Labs raises $135M, he takes CEO

By TechCrunch · Summarized & edited by · 2026-06-29
Palihapitiya's 8090 Labs raises $135M, he takes CEO

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Why it matters: Palihapitiya moving from board seat to full-time CEO is a notable commitment — he framed the AI moment as comparable to social media's early rise during his Facebook years. The $135M round, Salesforce Ventures lead, and a cap table stacked with All-In podcast co-hosts gives 8090 Labs both capital and enterprise channels to compete in an increasingly crowded AI coding market.

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