AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months
Cognition has raised over $1 billion at a $26 billion valuation, highlighting intense investor interest in AI coding agents despite ongoing debates about their practical utility.
Cognition, the company behind AI software developer Devin, has raised over $1 billion at a valuation north of $26 billion. The massive round shows just how much investor money is flowing into AI coding agents, even as their real-world value remains hotly debated.
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