IOI Gold Medals ×5—dropping out to start a business and reaching 260 billion in revenue in two years; this storyline is even more outrageous than the code written by Devin.

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$26 billion — an all-Chinese team propping up the world’s highest-valued AI programming company
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Text | Alphabet AI

$26 billion is the latest valuation the capital market has assigned to AI programming company Cognition.

Last September, Cognition AI just crossed the $10 billion valuation threshold, and at that time, it was already enough to resemble a Silicon Valley legend.

Three young Chinese founders, collectively holding five gold medals from the International Olympiad in Informatics, built the prototype of the "world’s first AI software engineer" Devin from a short-term rental apartment. In just over two years since its founding, the company's valuation soared to $10 billion.

Chinese, Olympiad, Harvard, MIT, dropping out to start a business, AI Agent... each label is compelling enough, and Cognition is definitely one of the most story-rich companies in the AI programming track.

Now, this story has been pushed forward significantly by the capital market.

According to Bloomberg, Devin's behind-the-scenes Cogniti
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