Cognition raises $1B at $26B valuation

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Cognition raised $1 billion at a $26 billion valuation, achieving $492 million in run-rate revenue as its Devin AI software engineer drives 10x enterprise usage growth and establishes cloud agents as mainstream software development tools.

Google

Google is transforming Search into an AI-agent platform where Gemini powers conversational queries, autonomous monitoring agents, and custom-built applications, marking a fundamental shift from keyword-based search to intelligent task completion and personalization.

OpenAI

OpenAI and Thrive Holdings built Tax AI using Codex to create self-improving tax preparation agents that automatically learn from reviewer corrections, trace errors, and test improvements before deployment.

Cognition AI

Cognition AI raised $1B at a $26B valuation as its AI software engineer Devin reaches $492M run-rate revenue, with major enterprises like Mercedes-Benz and Goldman Sachs achieving dramatic productivity gains through autonomous software development.

Biohub

Biohub released an open-access AI platform that predicts protein structures and designs functional therapeutic binders in days instead of years, achieving 36-88% success rates in lab validation. The system, trained on 2.8 billion protein sequences, represents the largest AI application to protein biology and is freely available to accelerate drug discovery worldwide.