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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Cognition, a six-month-old AI coding startup known for its AI coding assistant Devin, the first AI software engineer, has secured $175 million in new funding led by Founders Fund, reaching a valuation of $2 billion. This substantial valuation comes despite the company having no revenue and follows a recent Series A round that valued the company at $350 million. The funding round has sparked interest despite some backlash from a recent product demonstration.
🤯 This 6-month old startup with 0 revenue is valued at $2 Billion. This is Cognition Labs, the company behind Devin — AI coding assistant. https://t.co/ZkfJLKAn5T
Wow. This 6-month old startup with 0 revenue is valued at $2 Billion. This is Cognition Labs, the company behind Devin — AI coding assistant. https://t.co/nL55PLPCdg
Six-Month-Old AI Coding Startup Valued at $2 Billion by Founders Fund #OldAI #AI #TechAI #LearningAI #GenerativeAI #DeepbrainAI #artificalintelligence https://t.co/o9grlp95zv
