CoinScoopCognition Raises $2 Billion in Series E Funding at $48 Billion Valuation
AI coding agent company Cognition has secured over $2 billion in Series E funding led by Andreessen Horowitz and Accel, reaching a valuation of $48 billion. The company's AI coding product, Devin, has seen significant revenue growth, with projections suggesting annualized revenue could reach $4 billion to $5 billion by the end of the year.
Summaries are written by AI from the original article. Not investment advice.