🔥 A Coding Bot Named Devin Just Pushed Cognition to $48 Billion — Double Its Price Four Months Ago
Cognition just raised $2B at a $48B valuation, doubling its price in four months as Devin's run-rate revenue nears $900M.
Cognition just raised $2B at a $48B valuation, doubling its price in four months as Devin's run-rate revenue nears $900M.
Samsung led a EUR3 billion Series D into Mistral AI, nearly doubling the French lab's valuation to about $24 billion in a year - with ASML and Nvidia along for the ride.
An AI benchmark leapt from 2.5% to 16% of real freelance jobs in eight months. In Nairobi, that abstract number already erased 40,000 essay-writing livelihoods.
Crusoe raised ~$3B at a $30B valuation, roughly tripling in 11 months, then signed a $13B AI cloud deal with trading firm Jane Street.
Nvidia is paying $12.93 billion for Hugging Face, the home of open-source AI and 18 million developers. It's the chipmaker's largest acquisition ever, and it just bought the town square where every AI builder meets.
VAST, the company behind text-to-3D platform Tripo, raised ~$446M across Series B and B+ — pushing AI 3D generation into foundation-model territory.
The Pentagon opened GenAI.mil to 3 million personnel with ChatGPT Mil and Grok for Government at IL5 clearance. Anthropic's Claude is the one vendor left out.
Socure raised $156M at a $5.2B valuation and bought agentic-AI startup Fravity to fight machine-speed fraud with AI agents of its own.
Hugging Face's Microduck is a $399 open-source biped that walks, falls, and self-recovers, retrainable with reinforcement learning, while the cheapest humanoid still starts at $13,500.
Andreessen Horowitz just closed a $1.1B 'Machine Age' fund for chips, power, cooling and robots. The VC that said software eats the world is now betting on the hardware underneath it.
Google's custom-chip deal could hand Marvell up to $120 billion in revenue. So why did the stock drop 7% on record earnings? The payoff doesn't land until fiscal 2029.
Instinct's personal AI agent hit a $2.5B valuation on a $250M Series B, up 50x in four months — as security experts flag its perpetual grip on your inbox.