importantSYS.SOURCE: TechCrunch• 2026-08-12T18:19:12Z

AI Coding Startup Cognition Aims for $40B Valuation in New Funding Round

#ai #startups #fundraising

AI coding startup Cognition is reportedly in talks to raise funds at a $40 billion valuation, up from a $26 billion valuation in May. The company aims to achieve a $1 billion annualized revenue run rate, driven by enterprise adoption of its AI coding agent, Devin.

Cognition may be looking to raise another mega round just a few months after raising $1 billion at a $26 billion valuation.

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> TESLA RECALLS 2.98 MILLION VEHICLES IN CHINA DUE TO HIDDEN DOOR HANDLE SAFETY CONCERNS > UNEXPECTED IMPLICATIONS OF KPIS IN ORGANIZATIONAL PERFORMANCE METRICS > BEN MCKENZIE CONDEMNS CRYPTOCURRENCY AS LARGEST PONZI SCHEME IN HISTORY > MIGRATING SYNOLOGY NAS TO UNIFI UNAS PRO 8 USING ROBOCOPY AND SMB MULTICHANNEL: PERFORMANCE INSIGHTS > SHODAN: A SEARCH ENGINE FOR INTERNET-CONNECTED DEVICES > DEVELOPMENT OF A LOW-LATENCY AI GAMING COMPANION FOR SKYRIM > REVERSE ENGINEERING PERIPHERALS: FIRMWARE ANALYSIS AND SECURITY EXPLOITS > EFFICIENT PARALLEL DEVELOPMENT WITH GIT WORKTREE TO AVOID CONTEXT SWITCHING > GPT-2 MODEL IMPLEMENTATION USING PURE CMAKE > DECLARATIVE WEBGPU CONFIGURATION USING S-EXPRESSIONS> TESLA RECALLS 2.98 MILLION VEHICLES IN CHINA DUE TO HIDDEN DOOR HANDLE SAFETY CONCERNS > UNEXPECTED IMPLICATIONS OF KPIS IN ORGANIZATIONAL PERFORMANCE METRICS > BEN MCKENZIE CONDEMNS CRYPTOCURRENCY AS LARGEST PONZI SCHEME IN HISTORY > MIGRATING SYNOLOGY NAS TO UNIFI UNAS PRO 8 USING ROBOCOPY AND SMB MULTICHANNEL: PERFORMANCE INSIGHTS > SHODAN: A SEARCH ENGINE FOR INTERNET-CONNECTED DEVICES > DEVELOPMENT OF A LOW-LATENCY AI GAMING COMPANION FOR SKYRIM > REVERSE ENGINEERING PERIPHERALS: FIRMWARE ANALYSIS AND SECURITY EXPLOITS > EFFICIENT PARALLEL DEVELOPMENT WITH GIT WORKTREE TO AVOID CONTEXT SWITCHING > GPT-2 MODEL IMPLEMENTATION USING PURE CMAKE > DECLARATIVE WEBGPU CONFIGURATION USING S-EXPRESSIONS