AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months

Cognition just more than doubled its valuation to $26 billion in under nine months, fueled by the success of its AI coding agent Devin. This surge reflects growing investor confidence in AI-driven development tools and their potential impact on software engineering.
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[AINews] not much happened today
Nothing significant happened in AI news today. It's a quiet day for updates and developments.
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