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2026-05-27 15:28:03

#GatePredictionMarketAddsSmartMoneyTracking

GateNews2026-05-27 15:25:19

Cognition AI Raises Over $1 Billion in Series C Funding, Valuation Doubles to $26 Billion

According to Bloomberg, AI coding startup Cognition AI raised over $1 billion on May 27, bringing its valuation to $26 billion, double its September 2025 valuation. The funding was led by Lux Capital, General Catalyst, and 8VC.

The company's annual recurring revenue grew to $492

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