Anthropic blocks 'malicious use' of AI that could develop biological weapons51m ago Oracle says AI will save it from the SaaSpocalypse, not bring it on55m ago Congress Is Suddenly Waking Up to the AI Doomsday Threat2h ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself2h ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers2h ago Introducing ChatGPT for Financial Services2h ago Tesla unveils driverless Cybercab in Japan for 1st time2h ago The AI safety vibe shift3h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.3h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff3h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut3h ago Salesforce introduces Enterprise AI Harness, AI Control Plane3h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In4h ago How Social Media Platforms Are Identifying AI Content4h ago

Anthropic blocks 'malicious use' of AI that could develop biological weapons51m ago Oracle says AI will save it from the SaaSpocalypse, not bring it on55m ago Congress Is Suddenly Waking Up to the AI Doomsday Threat2h ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself2h ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers2h ago Introducing ChatGPT for Financial Services2h ago Tesla unveils driverless Cybercab in Japan for 1st time2h ago The AI safety vibe shift3h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.3h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff3h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut3h ago Salesforce introduces Enterprise AI Harness, AI Control Plane3h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In4h ago How Social Media Platforms Are Identifying AI Content4h ago

Dev Business & Enterprise2 min reading time

AI coding startup Cognition reportedly already in talks to raise at $40B valuation

TechCrunchPublished 29 days ago

Cognition, the AI coding startup behind the Devin agent, is in talks to raise a new funding round that could value the company at $40 billion, up from $26 billion in May. The valuation increase is linked to Devin reaching a $1 billion annualized revenue run rate, with enterprise usage growing rapidly.

#ai-coding-agents #cognition #devin #enterprise-software #goldman-sachs #mercedes-benz #nasa #startup-funding

More in Dev

Introducing the Agents API

Covered by 3 sources1d ago

Dev1 min read

Native is now the future of mobile at Shopify

Simon Willison's Weblog6h ago

Dev5 min read

AWS open-sources Pizza Bot: email-style inbox for background AI agents

The New Stack (AI)5h ago