Cognition AI hit $900M in annualized revenue as of August 2026 while planning to burn $800M in cash, mostly on NVIDIA server leases for its Devin

Revenue is surging at Cognition and several other AI application providers, previously unreported data show, offering some reassurance to investors and hardware suppliers that…

Cognition is raising capital at a $46 billion valuation, nearly doubling from $26 billion three months ago, as its AI coding agent Devin