Cognition Reportedly Targets $1 Billion Funding Round at $47 Billion Valuation
Cognition is reportedly preparing to raise about $1 billion at a $47 billion valuation, a test of investor demand for AI software startups.
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Latest News and Analysis in Cognition
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Cognition CEO denies report that SpaceX tried to acquire the AI coding startup
Cognition CEO Scott Wu says SpaceX never pursued a deal, challenging a Bloomberg report as SpaceX expands its AI coding and enterprise strategy.
Cognition reportedly seeks $40B valuation just months after Devin funding round
Cognition is reportedly discussing a new funding round at a $40B valuation, testing investor confidence in Devin’s enterprise revenue growth.
Study Finds Brief AI Use May Hurt Problem Solving
WIRED reports a study suggesting even 10 minutes of AI use may negatively affect thinking and problem-solving performance.
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