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Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

TechCrunch

TechnologyTechCrunch·Sep 8, 2026·1 min read

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Cognition's valuation multiple is higher than Cursor's was before selling to SpaceX.

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