Cognition Crosses $1 Billion in Annualized Revenue, Delivering on a Target Set at Its May Funding Round
The Devin AI-coding startup hit $1B in annualized revenue run rate, weeks after a $2B Series E valued it at $48B.
4 min read3 sources
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Cognition
5 articles covering "Cognition"
Salesforce Launches Slack Code, Bringing AI Coding Agents Into Team Chat Channels
Slack's new Slack Code feature moves AI coding agents out of private terminals into shared, self-archiving team channels, launching with Anthropic, Cognition, GitHub, and Vercel.
4 min read3 sources
Cognition CEO Denies Bloomberg Report That SpaceX Tried to Acquire the AI Coding Startup
Scott Wu says Cognition is "not for sale" after Bloomberg reported SpaceX approached the Devin maker days after closing its $60 billion Cursor deal.
4 min read2 sources
Cognition Raises $1 Billion at $26 Billion Valuation as Devin AI Engineer Hits $492 Million in Annualized Revenue
The maker of Devin, an autonomous AI software engineer, closed a Series D round led by Lux Capital, General Catalyst, and 8VC, more than doubling its valuation from $10.2 billion eight months earlier.
3 min read3 sources
Cognition Eyes a $25 Billion Valuation, Doubling in Seven Months as the AI Coding Agent Race Reprices
Devin's maker is in talks to raise hundreds of millions at $25 billion just seven months after a $10.2 billion round, putting fresh pressure on a sector already reshaped by the SpaceX-Cursor option and Anthropic-OpenAI competition.
4 min read6 sources