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Cognition AI Eyes $40B Valuation | Durham News
Cognition AI, the startup behind the revolutionary coding agent Devin, is reportedly eyeing a $40 billion valuation and a fresh $1 billion+ funding round—just months after its last raise. With AI coding tools exploding in enterprise adoption, investors are racing to capitalize on the measurable, scalable value of automating software development. Cognition’s recent acquisition of rival Windsurf—and key talent poaching by Google—only adds to the hype. These private market valuations aren’t just benchmarks—they’re reshaping how smart money views the future of software labor, with implications…
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