Search results for Windsurf
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
Google in talks for $1.5 billion deal to license Mechanize technology, targets AI coding expansion
Google is in talks with AI coding startup Mechanize over a deal worth about $1.5 billion, including securing a non-exclusive licence to its technology and hiring some staff involved in model evaluation and development. Mechanize, founded last year, is developing simulation environments, evaluation benchmarks and scoring systems to train AI agents. Google is considering using the technology to strengthen coding performance as its coding agent faces competition from Anthropic and OpenAI.
AI & Enterprise
Cognition CEO says autonomous AI Devin is not meant to eliminate human developers
Scott Wu, CEO of Cognition, which developed the AI coding agent Devin, said the tool is not intended to replace human developers but to raise their productivity. He said Devin aims to handle end-to-end development work and is most valuable for maintenance tasks developers tend to avoid. Wu also cautioned against inflated expectations, describing Devin as between junior and mid-level engineers, and stressed that humans must retain final decision-making authority.
