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Tag: Founders Fund

Cognition AI Raises Over $1 B, Valued at $26 B as Devin Automates 90% of Its Own Code

Cognition AI Raises Over $1 B, Valued at $26 B as Devin Automates 90% of Its Own Code
Cognition AI announced a financing round exceeding $1 billion, pushing its valuation to $26 billion. The Seattle‑based firm said revenue jumped from $37 million to $492 million in a year, and its AI coding agent Devin now writes more than 90% of the company’s internal software. Investors include Lux Capital, General Catalyst and 8VC, with participation from Ribbit Capital, Atreides Management and Founders Fund. Customers such as Goldman Sachs, Mercedes‑Benz, NASA and U.S. government agencies rely on Devin for end‑to‑end code generation, positioning Cognition at the forefront of the AI‑driven software market. Leggi di più

Anthropic adds identity verification to Claude, sparking user backlash

Anthropic adds identity verification to Claude, sparking user backlash
Anthropic has begun rolling out identity verification for users of its Claude chatbot, requiring a government‑issued photo ID and a selfie in limited cases. The verification is handled by third‑party Persona, whose investors include Peter Thiel’s Founders Fund. While the company says the step targets fraudulent or abusive activity, many subscribers balk at the added biometric check, citing privacy concerns and the service’s ties to government surveillance firms. Anthropic maintains the data will be encrypted, not stored, and will never train its models. Leggi di più