Devin is an AI coding tool built by Cognition that helps engineers write and test software. Recent coverage focused on Cognition raising $2 billion at a $48 billion valuation and Devin driving annualized revenue from $492 million in May to more than $900 million in September. OpenAI also said GPT-6 Astra improves Devin's software testing, and CoreWeave named Cognition the first production customer on its NVIDIA Vera Rubin NVL72 systems.
Factory CEO Accuses Board Advisor of Spying for CognitionFactory CEO Matan Grinberg said he fired board advisor Chris Degnan, alleging he leaked confidential information to rival Cognition; two hours later Degnan announced joining Cognition as CRO. Factory raised $200M at a $5B valuation this month, while Cognition raised $2B at a $48B valuation.
NVIDIA and CoreWeave Partner for Agentic AI ProductionAt CoreWeave Fully Connected, CoreWeave announced production availability of NVIDIA Vera Rubin NVL72 systems with Spectrum-X Ethernet networking, with Cognition as the first customer running production workloads. Early tests showed Vera Rubin achieving 4.8x higher token throughput versus GB200 NVL72. CoreWeave also launched CoreWeave Forge and plans to offer NVIDIA Vera, a CPU built for AI agents.
AI coding startup Cognition hits $1B annualized revenueCognition AI is on track to reach $1 billion in annualized revenue, roughly doubling its run rate from about four months earlier. Demand for its Devin AI coding software is strong, with run-rate revenue topping $900 million in September.
GPT-6 Astra helps Devin test softwareCognition says GPT‑6 Astra improves Devin's ability to test software and demonstrate that it works, aiming to reduce engineer review time and accelerate shipping.
Cognition raises $2B at $48B valuationCognition said it raised $2 billion at a $48 billion valuation in a round led by Andreessen Horowitz, Accel, Founders Fund, General Catalyst and Avenir. The startup reported annualized run-rate revenue rising from $492 million to $900 million since May and was founded in 2024 by Scott Wu.
The A.I. Daily