AI & Enterprise

AI coding startup Cognition raises more than $2 billion, valued at $48 billion

AI coding agent startup Cognition has raised more than $2 billion in a Series E funding round that values the company at $48 billion. SiliconANGLE reported the valuation nearly doubled from the previous round, with annualised revenue close to $900 million. Cognition raised $1 billion in May at a $26 billion valuation. The company develops an AI agent that handles the full software engineering process.

Mobility

EV batteries keep over 90 percent capacity after 150,000 km; seven models stand out

Electric vehicle batteries still keep the low-90 percent range of their initial capacity after about 150,000 km of driving, an analysis showed. EV diagnostics firm Aviloo compared retention rates for 20 major EV models using more than 500,000 battery health checks conducted from 2022 to 2026 across North and South America, Europe, Asia and Australia. The results indicate degradation is generally gradual, though differences by model were large.