(Bloomberg) — Cognition AI Inc., the developer of an artificial intelligence-powered coding assistant, has raised hundreds of millions of dollars at a valuation close to $4 billion, according to people familiar with the matter.
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The new funding round is being led by 8VC, the Joe Lonsdale-backed venture capital firm, said the people, who asked not to be identified discussing private information.
8VC declined to comment. A representative for Cognition didn’t…
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