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Cognition is considering investor offers for a funding round that could value the AI coding startup at between $70 billion and $80 billion.
Cognition is considering investor offers for a funding round that could value the company at between $70 billion and $80 billion, according to Business Insider. The interest comes weeks after Cognition closed a $2 billion round at a $48 billion valuation.
The talks remain at an early stage, and the valuation could change. Cognition is considering completing the round before the end of 2026.
Founded in 2023 by Scott Wu, Steven Hao, and Walden Yan, Cognition develops Devin, an AI coding agent that automates software engineering tasks. Its investors include Andreessen Horowitz, Accel, Founders Fund, Khosla Ventures, Elad Gil, and Pear VC.
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