AI coding startup Cognition raises $1 billion at $26 billion value
Published on: May 27, 2026, 9:15 p.m. | Source: The Economic Times
AI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion dollars. Their AI agent, Devin, automates programming for engineers. This funding highlights strong investor interest in AI for software development. Cognition plans to use the funds to enhance its AI models and customer experience.
