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