TechFlow News, May 27: According to Bloomberg, AI programming startup Cognition AI announced it has raised over $1 billion in a new funding round, bringing its post-money valuation to $26 billion—more than double its valuation from the previous round in September 2025. The round was co-led by Lux Capital, General Catalyst, and 8VC, with participation from Ribbit Capital, Atreides Management LP, and Founders Fund—Peter Thiel’s venture capital firm.
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