# AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months

> Source: <https://the-decoder.com/ai-coding-agent-devin-maker-cognition-more-than-doubles-its-valuation-to-26-billion-in-under-nine-months/>
> Published: 2026-05-27 18:09:51+00:00

Cognition, the company behind AI software developer Devin, has raised over $1 billion at a valuation north of $26 billion. The massive round shows just how much investor money is flowing into AI coding agents, even as their real-world value remains hotly debated.

The article [AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months](https://the-decoder.com/ai-coding-agent-devin-maker-cognition-more-than-doubles-its-valuation-to-26-billion-in-under-nine-months/) appeared first on [The Decoder](https://the-decoder.com).