AI Insider·
Cognition, maker of autonomous AI software engineer Devin, has raised more than $1 billion at a $25 billion pre-money valuation — a remarkable jump from the $10.2 billion post-money valuation it carried just eight months ago. The round was led by Lux Capital, General Catalyst, and 8VC, with participation from Founders Fund, Elad Gil, Ribbit Capital, and […]
Read full articleNewlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed […]
NewLimit raised $435M in Series C funding led by Founders Fund to advance its first age-reprogramming drug into human trials.
Insider Brief American drone motor and robotic actuator manufacturer Westmag has emerged from stealth with $11 million in seed funding. According to the company, the round was led by Andreessen Horowitz, with participation from Founders Fund, Lux Capital, NFDG and Menlo Ventures, to help scale production, strengthen supply chain operations and fulfill growing demand from […]
Insider Brief Soft robotics startup morph announced it has emerged from stealth with backing from investors including 8VC, Pharrell Williams, Copper, Equinox Chairman Harvey Spevak, Qubit Health Capital, Valia Ventures and Blue Lion as it looks to commercialize a new category of adaptive robotic materials. Founded by former reconstructive surgeon and Digital Surgery founder Jean […]
Insider Brief PRESS RELEASE—Geordie AI, the purpose-built security and governance platform for AI agents, has announced it has closed a $30 million Series A round led by Balderton Capital. The round included participation from Crosspoint Capital, as well as follow-on investment from existing investors General Catalyst and Ten Eleven Ventures, bringing total funding to $36.5 million. […]
Fresh from raising $1 billion at a $26 billion valuation, Cognition CEO Scott Wu pushed back against the narrative that his AI coding agent Devin is designed to replace human programmers. Wu, described as one of the most accomplished competitive programmers of his generation, said the original vision was simply to build a collaborator that […]
The post Cognition CEO Scott Wu: AI Coding Agents Are Here To Help, Not Replace Human Programmers appeared on BitcoinEthereumNews.com. Cognition CEO Scott Wu: AI Coding Agents Are Here To Help, Not Replace Human Programmers Skip to content Home AI News Cognition CEO Scott Wu: AI coding agents are here to help, not replace human programmers Source: https://bitcoinworld.co.in/cognition-ceo-scott-wu-ai-coding-agents-not-replace-humans/
Cognition's rapid valuation growth highlights AI's transformative potential in engineering, but reliance on AI-generated code poses significant risks. The post Cognition raises $1B at $26B valuation, CEO emphasizes AI’s supportive role appeared first on Crypto Briefing.
