Cognition AI raises $1 billion at a $26 billion valuation for Devin, its AI coding agent. Revenue grew 13x in a year to $492 million, with Goldman Sachs and Mercedes-Benz as customers.

AI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion dollars. Their AI agent, Devin,…

As Cognition reaches $492 in annualized revenue run rate, it more than doubled its valuation in eight months, it says.