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Scott Wu

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Cognition in talks to raise at $40B valuation, months after $26B round
Business

Cognition in talks to raise at $40B valuation, months after $26B round

Devin's maker hit a $1B annualized revenue run rate, doubling in three months, as enterprises pile onto its AI coding agent.

Jaeden Schafer4 min read
Cognition CEO Scott Wu: Devin writes 89% of our code, but isn't replacing engineers
Business

Cognition CEO Scott Wu: Devin writes 89% of our code, but isn't replacing engineers

Fresh off a $1B raise at $26B, Wu insists the AI coding agent is a 'buddy' for programmers — even as it ships nearly all of Cognition's own code.

Jaeden Schafer4 min read
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