Sources: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May (Rebecca Torrence/Bloomberg)
Cognition is already testing a valuation above $40 billion, less than three months after its last round.
The AI coding startup is in early investor talks for a raise of more than $1 billion, Bloomberg reported. Its prior May round valued the company at $26 billion. Techmeme’s note also cites a reported annualized revenue run rate approaching $1 billion, roughly double from three months earlier. Techmeme's note
The AI coding startup is in early investor talks for a raise of more than $1 billion, Bloomberg reported. Its prior May round valued the company at $26 billion. Techmeme’s note also cites a reported annualized revenue run rate approaching $1 billion, roughly double from three months earlier. Techmeme's note
score 9