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Cognition $48B Valuation

Covered by
techcrunch.com

Timeline

  1. Cognition raises $2B at $48B valuation for coding assistant Devin

    The round shows venture investors believe AI coding is not a winner-take-all market even after Cursor's sale to SpaceX, and it tests whether a compute-hungry rival can avoid the constraints that pushed Cursor to sell.

    1 source

All sources (1)

  1. TechCrunch2026-09-08

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