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AI coding agent Devin maker Cognition more than doubles its valuation to $26 billion in under nine months

Via The Decoder
Wednesday, May 27, 2026 · 6:09PM
Summary

Cognition, the company behind AI software developer Devin, has raised over $1 billion at a valuation north of $26 billion. The massive round shows just how much investor money is flowing into AI coding agents, even as their real-world value remains hotly debated. The article AI coding agent Devin ma

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