Cognition AI is an artificial intelligence company based in San Francisco, California, founded by a team of award-winning programmers — including CEO Scott Wu, CTO Steven Hao, and CPO Walden Yan. This expertise has been pivotal in steering the company’s focus toward developing advanced AI solutions for software engineering.
Cognition AI’s flagship product, called Devin, was introduced in March 2024 as the world’s first fully autonomous AI software engineer. Devin is made to collaborate with human engineers or independently execute tasks, enhancing efficiency and enabling teams to undertake more ambitious projects. Its capabilities include learning new technologies, building and deploying applications from scratch, identifying and fixing bugs, and even training its own AI models.
This powerful feature set has helped Cognition AI grab significant attention and investment. In early 2024, the company secured $21 million in Series A funding led by Founders Fund; and by April 2024, it raised an additional $175 million, elevating its valuation to $2 billion. This rapid growth clearly shows the industry’s confidence in Cognition AI’s vision and technological capabilities.
In May 2024, the company partnered with Microsoft to integrate Devin into Microsoft’s Azure platform to assist customers with complex tasks such as code migration and modernization projects. This partnership is described as a proof of Cognition AI’s commitment to leveraging cloud infrastructure to enhance the scalability and accessibility of its AI solutions.
Although Devin may not be targeting smaller teams, it did find its audience (and investor support) and we’re sure we’ll be hearing more about it in the weeks and months to come.