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

Cognition, the developer of AI coding agent Devin, raised over $1 billion in a funding round that values the company at more than $26 billion, more than doubling its valuation in under nine months. The massive investment underscores surging investor interest in AI coding tools, even as questions persist about their practical effectiveness.

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 .