Cognition Raised Over $2 Billion at a $48 Billion Valuation

The Information | 08-09-2026 10:00pm |

Cognition, the artificial intelligence startup behind the Devin coding assistant, has raised over $2 billion at a valuation of $48 billion, nearly double its valuation in May. The company announced the funding on Tuesday. This development highlights the continued growth and investor interest in AI coding tools.

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