Cognition’s $2B Series E: AI coding isn’t winner-take-all
From Mexico: Cognition just closed a $2B Series E at $48B — Devin’s shop nearly doubling the May valuation while ARR jumped to ~$900M.
Andreessen Horowitz
Gimlet’s ~$300M bet: AI inference goes multi-chip
Gimlet Labs raised ~$300M at ~$3B, led by a16z, with Arm and Microsoft’s M12 — chip-agnostic AI inference orchestration, as reported to Bloomberg.