Cognition $48B Valuation
Covered by
techcrunch.com
Timeline
- 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)
- TechCrunch2026-09-08
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