Devin's maker just raised $2B at a $48B valuation
Cognition closes $2B Series E at $48B valuation as Devin revenue nears $900M annualized
2026-09-0920 views
Cognition closes $2B Series E at $48B valuation as Devin revenue nears $900M annualized
Samsung leads a record €3B Series D for Paris-based Mistral AI, valuing Europe's AI champion at over €21B.
NVIDIA is in talks to invest $2.5 billion in Thinking Machines Lab, Mira Murati's AI startup, as part of a $5-6B round at a $40B valuation.
London-based Nscale is raising $3.5B pre-IPO with Nvidia and Third Point, backed by a $103B contract book including a $45B Anthropic deal.
AI infrastructure firm Crusoe closes $3B round at $30B valuation, tripling in 10 months as compute demand surges.
ByteDance is closing in on a $29.6 billion syndicated loan — the largest offshore dollar borrowing by a Chinese private enterprise — as banks oversubscribed the deal by nearly 50%. The funds will fuel up to $70 billion in 2026 AI capex.
Anthropic is closing in on a $15 billion credit facility with Wall Street banks, clearing the way for what could be the largest IPO in history as early as October.