Signal

Sources: Cognition is raising around $1B at a ~$47B valuation, up from $26B in May; Cognition received nearly $10B in investor interest

First reported by Bloomberg · 5m ago

The signal ●●●○ Compiled by AI from Bloomberg and Techmeme

What happened

Artificial intelligence coding startup Cognition AI Inc. is set to close a new round of funding that would vault its valuation to about $47 billion, according to people familiar with the efforts.

AI-written summary. May contain errors.

Funding

Sources: Cognition is raising around $1B at a ~$47B valuation, up from $26B in May; Cognition received nearly $10B in investor interest

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