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Business Insider · Katie Roof ·

AI coding startup Cognition weighs a new funding round before year's end after receiving offers valuing it at $70B-$80B, up from $48B in September

Just weeks after announcing a new round of funding at a $48 billion valuation, AI coding startup Cognition is fielding new investor interest at a much higher price.

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AI coding startup Cognition weighs a new funding round before year's end after receiving offers valuing it at $70B-$80B, up from $48B in September

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Business Insider — AI coding startup Cognition weighs a new funding round before year's end after receiving offers valuing it at $70B-$80B, up from $48B in September ↗

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Oct 29Oct 30

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San Francisco Business Times: San Francisco Business Times

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Bloomberg: AI coding startup Cognition is in early talks with investors to raise $1B+ at a $40B+ valuation, after raising $1B at a $26B valuation in May
Bloomberg: AI coding startup Cognition raised $2B at a $48B valuation, up from $26B in May, and says its run-rate revenue grew from $492M in May to ~$900M
Bloomberg: Cognition is raising around $1B at a ~$47B valuation, up from $26B in May; Cognition received nearly $10B in investor interest
TechCrunch: AI inference-chip startup Etched is in early talks to raise funding at a $40B to $50B valuation, up from $21B after raising $700M in August
The Information: AI assistant Instinct seeks to raise $1B at a $10B valuation, up from $2.25B less than a month ago; Sequoia and Benchmark are in talks to lead the round

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