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COGNITION AI RAISES $1B AT $47B VALUATION

Cognition AI, an artificial intelligence coding startup, is closing a funding round that nearly doubles its valuation to approximately $47 billion, up from $26 billion in May. The company attracted close to $10 billion in investor interest.

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

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

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