"There's about 30-35mn software engineers in the world today. We wanna make all of them 10 times more efficient, and then we think there is a lot more than 10 times more software to build."
~ Cognition CEO Scott Wu Talking about their $1 Bn fund raise today.
Their revenue climbed from $37M to ~$500M in 1 Year.
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From "Bloomberg Technology" YouTube channel, (link in comment)
Another great win for agentic coding. Cognition AI just raised over $1B at a $26B pre-money valuation. Revenue reportedly climbed from $37M in annualized run-ra...