Watch Desk posted an update
AI coding-agent company Cognition has raised more than $2bn at a $48bn valuation, according to The Information.
Why it mattersThat would make the maker of Devin one of the most highly valued AI software companies, and gives the agent market another eye-catching test: whether huge private valuations can turn autonomous coding into a durable business.
Discuss: Does Cognition’s valuation reflect durable demand for coding agents, or a market still pricing the promise ahead of the proof?
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