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Cognition AI, the startup behind AI coding agent Devin, has hit a $10.2 billion valuation after raising $400 million, marking a jump from the company’s $4 billion valuation earlier this year, reports Bloomberg. Founders Fund, the Peter Thiel-backed VC, led Cognition’s latest round, with participation from existing investors like Lux Capital, Joe Lonsdale’s 8VC, Elad … Read more
In this photo illustration, a man seen holding a smartphone with the logo of US artificial intelligence company Cognition AI Inc. in front of website. Timon Schneider | SOPA Images | Sipa USA | AP Cognition, the artificial intelligence startup that acquired Windsurf in July, said on Monday that it closed a $400 million funding … Read more
Cognition, the AI coding startup that acquired rival company Windsurf three weeks ago, laid off 30 employees last week and is offering buyouts to the roughly 200 remaining employees on the team, reports The Information. This is the latest bout of whiplash that Windsurf employees have faced after a tumultuous stretch for the company. The … Read more
Days after AI coding startup Windsurf announced that it’s being acquired by Cognition, Windsurf startup Jeff Wang took to X to offer more details about the drama and uncertainty around the deal. Windsurf was previously reported to be in acquisition talks with OpenAI, but that deal fell apart, with Google DeepMind instead hiring the startup’s … Read more
Cognition, the startup behind the viral AI coding agent Devin, announced in a blog post on Monday that it has signed a definitive agreement to acquire AI coding startup Windsurf. The announcement comes just days after Google hired away Windsurf’s CEO Varun Mohan, co-founder Douglas Chen, and research leaders in a $2.4 billion deal, a … Read more
In this photo illustration, a man seen holding a smartphone with the logo of US artificial intelligence company Cognition AI Inc. in front of website. Timon Schneider | SOPA Images | Sipa USA | AP Artificial intelligence startup Cognition announced it’s acquiring Windsurf, the AI coding company that lost its CEO and several other senior … Read more
Alright, folks, let’s talk about a stock that’s lighting up the market today like a Fourth of July firework: Cognition Therapeutics (NASDAQ: CGTX). As of this writing, CGTX is rocketing, with shares spiking over 70% in early trading. Why the big move? The company just dropped some serious news about its Alzheimer’s drug, zervimesine (CT1812), … Read more
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