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  • China’s exports jump 23% in July, beating estimates; imports cool
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  • Meta to pay into $567 million fund after child harms case New Mexico
  • Why South Korea is seeing a surge in infant investment accounts
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Devin

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AI coding startup Cognition raises $1B at $25B pre-money valuation

Sagar2 months ago01 mins

Cognition, the maker of an autonomous AI software engineer named Devin, has raised more than $1 billion at a pre-money valuation of $25 billion, the company announced Wednesday. That’s a huge jump from its post-money valuation of $10.2 billion when it closed $400 million funding round Just eight months ago in September. The round was…

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Cognition AI defies turbulence with a $400M raise at $10.2B valuation

Sagar11 months ago01 mins

Anubhuti AI, Startup behind AI coding agent DevinAfter the company jumped from the evaluation of $ 4 billion earlier this year, $ 10.2 billion has been evaluated after raising $ 400 million. Bloomberg, Founders Fund, Peter Thiel-supported VC, led the latest round of Cognition, which included the participation of current investors such as Lux Capital,…

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  • Tech

Goldman Sachs is testing viral AI agent Devin as a ‘new employee’

Sagar1 year ago01 mins

AI coding agent of cognition Devin A major customer scored: Goldman Sachs, Bank’s CIO, Marco Argentini, Told CNBC. Argenty told the outlet, “We are going to start growing our workforce with Devin, which is going to be like our new employee,” the bank currently employs about 12,000 human developers, says that the bank currently employs…

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Recent Posts

  • China’s exports jump 23% in July, beating estimates; imports cool
  • Iran’s chief negotiator accuses Trump of ‘theater diplomacy’
  • Meta to pay into $567 million fund after child harms case New Mexico
  • Why South Korea is seeing a surge in infant investment accounts
  • Revenue growth shows the AI spend is paying off

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