Cognition AI Raises $1 Billion at $26 Billion Valuation
Cognition AI, maker of the Devin AI software engineer, has closed a $1 billion funding round at a $26 billion valuation, co-led by Lux Capital, General Catalyst, and 8VC.
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Cognition AI, maker of the Devin AI software engineer, has closed a $1 billion funding round at a $26 billion valuation, co-led by Lux Capital, General Catalyst, and 8VC.
Fireworks AI, which helps enterprises deploy and run AI models at scale, is in active talks to raise a new funding round at a $15 billion valuation, with Index Ventures set to co-lead.
Anthropic is paying Elon Musk's xAI $1.25 billion per month for access to the Colossus supercomputer in Memphis — a $45 billion, three-year compute commitment revealed in SpaceX's S-1 SEC filing.
Anthropic is negotiating a $30 billion funding round at a $900 billion pre-money valuation — nearly triple its February 2026 Series G — that would be the largest private funding round in history.
Moonshot AI, developer of the open-weight Kimi model series, closed a $2 billion round led by Meituan's venture arm — reaching $200 million ARR as global demand for open-source AI alternatives accelerates.
OpenAI has closed a $122 billion funding round—one of the largest private fundraises in the history of technology—to fuel compute infrastructure buildout, model development, and an expanding enterprise product suite.
Bret Taylor's Sierra is raising nearly $1 billion in new funding as regulated industries—banking, insurance, healthcare—commit serious capital to autonomous AI agents in customer-facing roles.
Recursive Superintelligence, a 20-person London lab founded by ex-DeepMind and OpenAI researchers, raised $500M from Google GV and Nvidia at a $4B valuation — to build AI that designs, trains, and evaluates AI without human researchers in the loop.
Venture capital firms are offering to invest in Anthropic at valuations up to $800 billion — more than double its February round — but the company is passing for now, backed by $30 billion in annualized revenue.