Database Startup Supabase in Talks to Double Valuation to $10 Billion
Cognition, an AI startup, is in talks to raise over $300 million, valuing the company at $10 billion. The funding round comes after the company's recent acquisition of Windsurf, a rival AI coding startup, and its plans to redefine how humans and agents work together.
Cognition, a US-based AI startup, is in talks to raise over $300 million. The deal would value the company at $10 billion, more than doubling its previous valuation. Founders Fund and Khosla Ventures are involved in the deal. Cognition recently acquired Windsurf, a rival AI coding startup. The company's AI agent, Devin, aims to automate coding tasks for enterprise customers. Cognition has won over corporate customers, including Ramp and MongoDB. The generative AI coding market has exploded, with rival Anysphere valued at $9.9 billion.
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