Cognition, maker of the AI coding agent Devin, is in talks to raise funding at a $40 billion valuation after achieving a $1 billion annualized revenue run rate in under two years, according to Bloombe…
Bloomberg reported that Elon Musk's SpaceX attempted to acquire AI coding startup Cognition, but Cognition CEO Scott Wu denied the report, stating the company is not for sale and that no talks have oc…
SpaceX approached Cognition, the AI coding startup founded by Scott Wu, about an acquisition, but the talks are inactive, according to Bloomberg. The two companies continue to discuss a compute arrang…
AI coding tools like Cursor, GitHub Copilot, and Devin bundle subscription seats with metered usage, leading to unexpected bills for founders, as seen when Cursor customers reported charges far above …
Multi-agent systems fail in production between 41% and 87% of the time, with roughly 79% of failures traced to coordination and specification issues rather than model quality, according to data from M…
Mozilla announced on Tuesday that it is integrating AI into Firefox through a partnership with AI search provider Exa, introducing an opt-in feature called Smart Window that adds AI chat interfaces to…
SpaceX closed its $60 billion all-stock acquisition of Cursor's parent Anysphere on August 15, days after SpaceX's IPO, while Windsurf was rebranded as Devin Desktop by Cognition in June and GitHub re…
Cognition, founded by Scott Wu, Steven Hao, and Walden Yan, used its AI agent Devin to migrate its marketing site from Astro to Next.js, with the agent recording its verification runs to reproduce sub…
AI coding startup valuations are soaring, with CodeRabbit raising $143 million at a $1.5 billion valuation, Lovable raising $400 million at a $13.3 billion valuation, and Cognition in talks to raise $…
Cognition is in talks to raise a new funding round at a valuation of at least $40 billion, a 54% jump from its $26 billion valuation three months ago, with revenue approaching $1 billion annualized. T…
Cognition's June 2026 rebranding of Windsurf into Devin Desktop with native Agent Client Protocol support, now used by JetBrains, Gemini CLI, GitHub Copilot, and Codex, signals that model choice is be…
OpenAI's roughly $3 billion deal to buy Windsurf collapsed in July 2025, Google paid $2.4 billion to license its technology and hire its founders, and Cognition bought what remained, leaving windsurf.…
Windsurf has been rebranded as Devin Desktop following Cognition's acquisition, and Cursor became a SpaceX subsidiary on August 14, making the editor comparison obsolete. Claude Code, with annualized …
Y Combinator CEO Garry Tan said founders should spend heavily on AI agents, even up to $100,000 a year, to gain a competitive edge, calling it 'tokenmaxxing' and claiming it lets them 'live in 2028.' …
DeepSeek, Alibaba, and xAI all shipped new frontier models on August 13, 2026: DeepSeek V4 Pro 0813 (1.6T MoE, 49B active, 1M context, priced at $0.435/$0.87 per million tokens), Qwen3.8-2.4T-A95B (op…
Cognition added xAI's Grok 4.6 to Devin Desktop and Devin CLI on August 12th, giving developers another foundation model for agent-driven coding. In Cognition's FrontierCode 1.1 Extended benchmark, Gr…
Cognition, maker of the AI coding agent Devin, is in talks to raise a new funding round at a $40 billion valuation, according to Bloomberg, just three months after raising $1 billion at a $26 billion …
Cognition, the AI coding company led by CEO Scott Wu, is in early talks with investors about a financing that could value it at $40 billion or more, Bloomberg reported on August 11. The proposed valua…
CoreWeave shares surged about 14% in after-hours trading Tuesday after the AI cloud provider reported record second-quarter revenue of $2.575 billion, up 112% year-over-year, and a revenue backlog of …
Software factories are returning, driven by AI-generated code, with leading companies like Anthropic, Cognition, Cursor, Factory, Google, GitHub, OpenAI, and Ramp converging on a similar automated dev…