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Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

techcrunchindustryStartups

about 4 hours ago▲ 44

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techmeme

Sources: Ramp is in early talks to raise about $1B at a ~$60B valuation, up from $44B in June; Ramp has raised $3B to date (Bloomberg)

industry

about 7 hours ago▲ 24

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techmeme

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 (Samantha Oltman/Bloomberg)

industry

about 7 hours ago▲ 24

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techmeme

Celero, which is developing a chip to enable long-distance connections between AI data centers, raised $275M at a $3B+ valuation (Dina Bass/Bloomberg)

industry

about 10 hours ago▲ 24

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Mistral raises €3B as sovereign AI becomes big business

techcrunchindustryAI

about 11 hours ago▲ 44

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techmeme

Forus, which uses AI to help patients get prescribed drugs more quickly by navigating steps like insurance coverage, raised a $150M Series C at a $3B valuation (Micah Barkley/Bloomberg)

industry

about 13 hours ago▲ 24

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