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Bloomberg Funding & Deals Apr 23

AI Coding Firm Cognition in Funding Talks at $25 Billion Value - Bloomberg

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The AI coding startup Cognition is reportedly in discussions regarding a new funding round. The company is currently being valued at approximately $25 billion during these talks.

Why it matters Sky-high valuations for coding-specific agents signal the massive capital concentration shifting toward specialized, autonomous software engineering tools.
Read the original at Bloomberg

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#cognition #ai coding #funding #valuation #startup

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