AI coding startup Cognition, known for its generative coding assistant Devin, is in discussions to raise over $300 million at a $10 billion valuation, according to sources familiar with the deal. The company recently acquired Windsurf and has involvement from investors such as Founders Fund and KV. Cognition's valuation has more than doubled since March, when it was reportedly valued at $4 billion. In related AI infrastructure developments, Armada, which provides mobile AI data centers used by the U.S. Navy, has raised $131 million, bringing its total funding to over $200 million. Armada's new Leviathan pod delivers 1 megawatt of compute power and can be deployed within weeks, targeting sectors including defense, energy, and U.S. AI infrastructure expansion. Additionally, AI infrastructure startup Crusoe is actively raising $1 billion to compete with major cloud providers like AWS and Oracle, aiming to supply critical computing power for artificial intelligence applications.