Startups
Cognition Reaches $48 Billion Valuation as AI Coding Market Expands
AI coding startup Cognition raised $2 billion at a $48 billion valuation as investors continue backing multiple AI software companies.
4 articles
AI coding startup Cognition raised $2 billion at a $48 billion valuation as investors continue backing multiple AI software companies.
Cognition CEO Scott Wu denies a report that SpaceX tried to acquire the AI coding startup, saying Cognition is not for sale and the companies held no talks.
Cognition is reportedly discussing a new funding round at a $40 billion valuation as revenue and enterprise adoption of its Devin coding agent accelerate.
Cognition CEO Scott Wu believes AI coding agents can improve software development productivity, but human engineers remain essential for creativity, decision-making, and oversight in the…
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