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Cognition, the company behind AI software developer Devin, has raised over $1 billion at a valuation north of $26 billion. The massive round shows just how much investor money is flowing into AI coding agents, even as their real-world value remains hotly debated.
The article AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months appeared first on The Decoder.
<p>For the past two years, the technology industry has raced to make AI agents more capable — teaching them to write code, navigate software interfaces, manage files, and orchestrate multi-ste [...]