AI Insider·
Cognition, maker of autonomous AI software engineer Devin, has raised more than $1 billion at a $25 billion pre-money valuation — a remarkable jump from the $10.2 billion post-money valuation it carried just eight months ago. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from Founders Fund, Elad Gil, Ribbit Capital, and […]
Read full articleInsider Brief PRESS RELEASE—Geordie AI, the purpose-built security and governance platform for AI agents, has announced it has closed a $30 million Series A round led by Balderton Capital. The round included participation from Crosspoint Capital, as well as follow-on investment from existing investors General Catalyst and Ten Eleven Ventures, bringing total funding to $36.5 million. […]
Fresh from raising $1 billion at a $26 billion valuation, Cognition CEO Scott Wu pushed back against the narrative that his AI coding agent Devin is designed to replace human programmers. Wu, described as one of the most accomplished competitive programmers of his generation, said the original vision was simply to build a collaborator that […]
The post Cognition CEO Scott Wu: AI Coding Agents Are Here To Help, Not Replace Human Programmers appeared on BitcoinEthereumNews.com. Cognition CEO Scott Wu: AI Coding Agents Are Here To Help, Not Replace Human Programmers Skip to content Home AI News Cognition CEO Scott Wu: AI coding agents are here to help, not replace human programmers Source: https://bitcoinworld.co.in/cognition-ceo-scott-wu-ai-coding-agents-not-replace-humans/
Cognition's rapid valuation growth highlights AI's transformative potential in engineering, but reliance on AI-generated code poses significant risks. The post Cognition raises $1B at $26B valuation, CEO emphasizes AI’s supportive role appeared first on Crypto Briefing.
Cognition makes Devin, the first and arguably most successful AI coding agent. But famed coder Wu says it isn't designed to supplant human programmers.
As Cognition reaches $492 in annualized revenue run rate, it more than doubled its valuation in eight months, it says.
Insider Brief Logistics startup Stord has raised $250 million in a Series F round at a $3 billion valuation and launched a new physical AI and robotics lab in Atlanta to go up against Amazon’s e-commerce and fulfillment network. The round was led by existing investors and included Strike Capital, Kleiner Perkins, Founders Fund, Franklin […]
Commure, an AI platform targeting healthcare’s $1 trillion annual administrative burden, has raised $70 million at a $7 billion post-money valuation in a round led by General Catalyst, with participation from Sequoia Capital, Morgan Stanley, and Kirkland & Ellis. The company operates across more than 500 healthcare organisations and 3,000 care sites, with its AI […]
