Tags: Scott Wu

Cognition, the maker of the AI coding agent Devin, announced a $1 billion funding round that values the startup at $26 billion. CEO Scott Wu emphasized that the technology is meant to augment, not displace, human programmers. Wu highlighted Devin’s role in handling routine maintenance and migration tasks, noting that the agent contributed 89% of the code shipped by Cognition’s engineers. The funding will fuel further development and the integration of recently acquired competitor Windsurf, while Wu reiterated his belief that AI should remain a tool that expands, not curtails, the creative joy of software development. Ler mais