Cognition, the AI coding startup behind autonomous developer Devin, has raised 1B USD at a 25B pre-money valuation. The company has reached 492M USD in annualised revenue with 50% month-over-month enterprise growth over six months. Major customers include Mercedes-Benz, NASA, Goldman Sachs and Santander. https://techcrunch.com/2026/05/27/ai-coding-startup-cognition-raises-1b-at-25b-pre-money-valuation/ #AIagent #AI #GenAI
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