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BillyGarcia
BillyGarcia
May 28, 2026

AI startup Cognition raised over 1 billion USD at a 25 billion pre-money valuation led by Lux Capital and General Catalyst. Its core product, the autonomous AI software engineer Devin, has driven annualized revenue to 492 million USD with major enterprise clients including Mercedes-Benz and NASA. The funding highlights strong investor confidence in specialized AI development firms amid competitive markets.

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