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Economy

AI coding startup Cognition reportedly already in talks to raise at $40B valuation

Cognition may be looking to raise another mega round just a few months after raising $1 billion at a $26 billion valuation.

Source: TechCrunch · August 12, 2026 at 6:35 PM · AI-assisted report

KUALA LUMPUR, 13 AUGUST 2026 —

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Cognition, makers of the AI coding agent Devin, is reportedly already talking to investors about raising another funding round with a big leap in valuation, after it raised $1 billion at a $26 billon valuation in May. (AI-assisted rewrite, based on the original source)

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