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Cognition passes $1 billion annualized revenue as Devin adoption doubles

Original: Cognition tops $1 billion in annualized revenue as Devin adoption doubles

AI startup Cognition has crossed $1 billion in annualized revenue, with adoption of its Devin software engineering agent doubling, according to Fortune. The figures point to rapidly growing enterprise demand for autonomous coding tools, placing Cognition among the fastest-scaling AI companies and intensifying competition in the AI coding agent market.

Why now: The company just announced a major revenue and adoption milestone that underscores surging enterprise demand for AI coding agents.

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