AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025 (Rebecca Torrence/Bloomberg)

<a href="https://www.bloomberg.com/news/articles/2026-05-27/ai-coding-startup-cognition-raises-1-billion-at-26-billion-value"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260527/i33.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260527/p33#a260527p33" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Rebecca Torrence / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-05-27/ai-coding-startup-cognition-raises-1-billion-at-26-billion-value">AI coding startup Cognition AI raised more than $1B at a $26B valuation, and says its revenue run rate has increased to $492M from $37M in May 2025</a></b></span>&nbsp; &mdash;&nbsp; Cognition AI Inc. has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand &hellip; </p>