news Cloud Startup Lol 2026-09-10

Cognition AI Raises $2 Billion at $48 Billion Valuation as ARR Nears $900M

Autonomous coding startup Cognition has secured a $2 billion Series E funding round led by Andreessen Horowitz and Accel, nearly doubling its valuation in four months. The company's annualized revenue climbed to approximately $900 million on the strength of its Devin software agent.

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