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Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market
Published on September 8, 2026
Cognition's valuation multiple is higher than Cursor's was before selling to SpaceX.
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Other news
The Exploration Company nabs $450 million to challenge SpaceX
September 8, 2026
The Exploration Company (TEC) has raised $450 million to build reusable spacecraft, in what it describes as “the largest-ever Series C by a European space company.”
Hackers are stealing Claude tokens from subscribers
September 8, 2026
Last month, a Claude user noticed his account was consuming tokens even though he wasn't working. Anthropic has since warned users about hackers.
