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AI Coding Startup Cognition Hits $1 Billion in Annualized Revenue

Bloomberg Technology Friday 25 September 2026, 14:30 UTC By Rachel Metz 1 min read
Key Points

Cognition AI Inc. is on track to generate annualized revenue of $1 billion based on its performance this month, according to a person familiar with the matter, roughly doubling the artificial intelligence coding startup’s run rate from about four months prior. The company said in September that its run-rate revenue, which is a projection of a company’s annual sales based on a shorter period of time, topped $900 million, fueled by demand for its Devin AI coding software. It had previously...

Cognition AI Inc. is on track to generate annualized revenue of $1 billion based on its performance this month, according to a person familiar with the matter, roughly doubling the artificial intelligence coding startup’s run rate from about four months prior.The company said in September that its run-rate revenue, which is a projection of a company’s annual sales based on a shorter period of time, topped $900 million, fueled by demand for its Devin AI coding software. It had previously generate
AI Coding Startup Cognition (ORG) Annualized Revenue Cognition AI Inc. (ORG) Devin AI (ORG)
Originally published by Bloomberg Technology Read original →

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