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AI News · 3 min read

Cognition Launches SWE-2 Flash: 276B-Parameter Coding Model at One-Fifth the Price of Flagship

Cognition's SWE-2 Flash runs at three times the speed of its flagship at one-fifth the cost, using a mixture-of-experts architecture with 12B active parameters.

Nov 5

Business & Enterprise · 2 min read

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.

May 28

AI News · 3 min read

Four Chinese Labs Release Open-Weight Coding Models at One-Third the Cost of Western Frontier AI

Four Chinese AI labs — Z.ai, MiniMax, Moonshot, and DeepSeek — released open-weight coding models matching Western frontier performance at one-third the inference cost in May 2026.

May 9