Cognition AI is reported to be in talks to raise more than $1 billion at a valuation above $40 billion

Funding Provisional 72% confidence first seen 12 August 2026, 11:24

Cognition AI, an AI coding startup associated with its Devin agent, is reportedly seeking a new funding round of more than $1 billion. Reports say the round would value the company above $40 billion, following a previous valuation of about $26 billion within the prior few months.