Cognition AI raised more than $2B in Series E funding at a $48B valuation announced Sept. 8, 2026, a follow-on round that nearly doubled its $26B valuation from a $1B+ round in May 2026. Run-rate revenue is now close to $900M, up from $492M in May, for the 2024-founded company led by CEO Scott Wu whose flagship agent Devin plans, writes, tests and deploys code from high-level requirements and is used by Nvidia, GE Aerospace, Citigroup, Mercedes-Benz, Modal Labs and Goldman Sachs; the company also owns Windsurf, acquired in July 2025 after OpenAI's takeover bid collapsed. Recent expansion includes Devin Auto-Triage for production incidents, Security Swarm for vulnerability hunting, and Automations for Slack/GitHub/Linear triggers; the SiliconANGLE report did not disclose participating investors or specific use of proceeds.