Cognition’s AI Developer ‘Devin’ Eyes $10 Billion Valuation—Even If It’s Not Mindblowing Yet
Cognition is seeking to achieve a jaw-dropping $10B valuation as investors race to back the next big thing. Can its “autonomous coder” be it?
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Kalshi eyes $750M funding round that would nearly double its valuation to $40B
Kalshi's rapid valuation growth highlights the increasing investor confidence in prediction markets, potentially reshaping financi...
Bitcoin miners have amassed $100 billion of AI deals, but almost none of the revenue exists yet
Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue. More...
US sanctions Iranian crypto exchange and its software developer over alleged IRGC Bitcoin transfers
The US sanctioned Iranian crypto exchange BitBank, widening its campaign against digital-asset infrastructure allegedly used to fi...
CFTC Gives Crypto Wallet Developers a New Regulatory Escape Hatch
The U.S. Commodity Futures Trading Commission (CFTC) just opened a regulatory side door for software developers, allowing some to...
Regulators keep moving on crypto: CFTC follows SEC with developer-friendly no-action stance
Software developers who build crypto trading tools just got some breathing room from the Commodity Futures Trading Commission.
North American gold ETF buying surges to $8B in August as investors flee to safety
The surge in gold ETF investments highlights growing economic uncertainty, prompting a shift towards safer assets amid global fina...