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AI Startup Cognition Raises $2 Billion at a $48 Billion Value
Artificial intelligence coding startup Cognition AI Inc. has raised $2 billion in a new round of funding that vaulted its valuation to $48 billion.
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Artificial intelligence coding startup Cognition AI Inc. has raised $2 billion in a new round of funding that vaulted its valuation to $48 billion.
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Cognition has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using AI for software development. Cognition CEO Scott Wu joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)