Cognition AI Valued at $48B as Revenue Nearly Doubles — SkimNews

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- Cognition raised $2 billion in a new funding round at a $48 billion valuation, up from $26 billion as recently as May
- Cognition reported annualized run-rate revenue of approximately $900 million, nearly doubling from $492 million in May
Why it matters: Cognition's valuation roughly 85% jump in months — from $26B to $48B — alongside revenue nearly doubling from $492M to ~$900M, signals that investor appetite for top-tier AI coding startups is accelerating rather than cooling, even as broader AI investment scrutiny grows.
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