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AI IntelligenceMay 27, 2026AI Intelligence
Article

Cognition, the company behind AI developer Devin, has more than doubled its valuation to $26 billion in under nine months.

The success shows how much investor money is flowing into AI coding agents, even as their real-world value remains debated.

Data Cube AI EditorialSource: The Decoder
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Cognition, the company behind AI developer Devin, has more than doubled its valuation to $26 billion in under nine months. The success shows how much investor money is flowing into AI coding agents, even as their real-world value remains debated.