According to people familiar with the matter, Cognition AI is in early negotiations with investors on a new round of financing, which could increase the valuation of the AI programming startup by more than 50% to at least $40 billion. According to people familiar with the matter, less than three months after the artificial intelligence company raised 1 billion US dollars at a valuation of 26 billion US dollars, potential investors have begun to gather and seek a stake in this leading company on one of the hottest racetracks in the industry. People familiar with the matter also said that the company's current annualized revenue operating rate is close to 1 billion US dollars, which is about double the figure disclosed during its last round of financing. One of the people familiar with the matter said that Cognition expects to raise more than 1 billion US dollars in this round. However, people familiar with the matter also warned that the company may still decide not to finance or seek funding under different terms.

According to people familiar with the matter, Cognition AI is in early negotiations with investors on a new round of financing, which could increase the valuation of the AI programming startup by more than 50% to at least $40 billion. According to people familiar with the matter, less than three months after the artificial intelligence company raised 1 billion US dollars at a valuation of 26 billion US dollars, potential investors have begun to gather and seek a stake in this leading company on one of the hottest racetracks in the industry. People familiar with the matter also said that the company's current annualized revenue operating rate is close to 1 billion US dollars, which is about double the figure disclosed during its last round of financing. One of the people familiar with the matter said that Cognition expects to raise more than 1 billion US dollars in this round. However, people familiar with the matter also warned that the company may still decide not to finance or seek funding under different terms.