AI software engineer Devin propels Cognition toward a $25 billion valuation

Cognition is reportedly in talks to raise hundreds of millions of dollars at a roughly $25 billion valuation.

That would be more than double its last known $10.2 billion valuation from last year.

Investor interest is being fueled by Devin, its autonomous AI developer that automates end-to-end software development.

The company is also seeing growing enterprise adoption, reinforcing demand for AI tools that streamline coding workflows.