Cognition raises $2 billion Series E for Devin autonomous coding agent at $48 billion valuation
According to TechCrunch, Cognition AI announced a $2 billion Series E funding round at a $48 billion valuation for its Devin autonomous coding agent. Investors signaled explicitly that AI coding is far from a winner-take-all market despite competition from Cursor and other coding agents.
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- Official Cognition
- Press TechCrunch
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