Cognition CEO denies report that SpaceX tried to acquire the startup
SpaceX was reportedly in talks to buy AI coding startup Cognition. SpaceX has already acquired Cursor as it races to catch up to rivals like OpenAI and Anthropic in enterprise AI.
SpaceX was reportedly in talks to buy AI coding startup Cognition. SpaceX has already acquired Cursor as it races to catch up to rivals like OpenAI and Anthropic in enterprise AI.
Founders Fund, the Peter Thiel-backed VC, led Cognition’s latest round, with participation from existing investors like Lux Capital, Joe Lonsdale’s 8VC, Elad Gil, Definition Capital and Swish Ventures.
Cognition is also laying off 30 employees. Those who take the buyout are expected to work 80+ hour weeks.
Devin won’t replace humans developers at the bank. It will be supervised by them, CIO says.