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The $25B Bet: Cognition AI Secures $1B to Redefine AI Coding
Cognition, the makers of the autonomous AI software engineer named Devin, has raised more than $1 billion at a $25 billion pre-money valuation, the company announced on Wednesday. That’s a major leap from its $10.2 billion post-money valuation when it closed a $400 million funding round just eight months ago in September. The round was led by Lux Capital and General Catalyst, with existing…
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Tesla's $25 Billion Master Plan: Decoding the Record Capex Investments
Key Takeaways: Massive Capex Hike: Tesla projects an unprecedented $25 billion in capital expenditures for 2026, a significant jump from previous forecasts, signaling a profound strategic shift. AI & Robotics Pivot: This aggressive spending underpins Elon Musk’s vision to transform Tesla into a dominant AI and robotics company, moving far beyond its electric vehicle origins. Short-Term…
