fundingcognition2026-08-12
Cognition AI in talks for new funding round at $40B valuation
Bloomberg reports Cognition is in early talks for a new funding round that could push its valuation to $40B at a $1B annualized revenue run rate.
Bloomberg reports Cognition AI is in early talks for a new funding round that could push its valuation to $40B, up from $26B in May. Annualized revenue run rate is near $1B, roughly double the prior round. Devin is the company's autonomous AI software engineer product.
devinvaluationfunding-roundai-coding