Cognition targets $1B round at $47B valuation, three months after last raise
Scott Wu's Cognition drew nearly $10B of investor interest for a financing that could lift its valuation about 81% from May. Terms remain under negotiation.
By RuntimeWire Staff · Published
Primary source: Bloomberg Technology
Why it matters
A $47B valuation would reprice Cognition by about 81% in just over three months, showing how aggressively investors are backing AI agents with fast, company-reported revenue growth.
Scott Wu (@ScottWu46)'s Cognition is set to raise around $1 billion at a valuation of about $47 billion, Bloomberg reported, extending the company's rapid valuation climb in AI coding.…