AI coding startup Cognition has successfully completed a $1 billion funding round, bringing its valuation to $26 billion. The funding was co-led by Lux Capital, General Catalyst, and 8VC, with additional investments from Ribbit Capital, Atreides Management, and Founders Fund, led by Peter Thiel. Cognition specializes in developing AI-powered software tools aimed at enhancing software development processes.
Cognition Secures $1 Billion in Funding, Valued at $26 Billion
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