Search results for Scott Wu
AI & Enterprise
Tech Insight: Software is consuming the world faster
Andreessen Horowitz co-founder Marc Andreessen (마크 앤드리슨) shared a post on X after saying he would make an additional investment in coding agent company Cognition. He said AI is accelerating the pace at which software is “consuming” the world, arguing software is moving from a human-speed process to a computing-speed one. He cited rising tech dominance among top global companies and examples of Cognition’s agent Devin boosting output and automation.
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.
AI & Enterprise
SpaceX also explored acquiring AI coding startup Cognition
SpaceX explored acquiring AI coding startup Cognition AI, Bloomberg News reported, citing people familiar with the matter. The talks are not proceeding, the sources said, but the companies are still discussing ways to work together, including Cognition using SpaceX computing resources. Cognition was valued at $26 billion in a May funding round and is said to be discussing raising new funds at at least a $40 billion valuation.
