AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M (Samantha Oltman/Bloomberg)
Samantha Oltman / Bloomberg : AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M — Artificial intelligence coding startup Cognition AI Inc. has raised $2 billion in a new round of funding that vaulted its valuation to $48 billion.