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Stockreport

Cognition AI Hits $4 Billion Valuation in Deal Led by Lonsdale's Firm [Yahoo! Finance Canada]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Most Read from Bloomberg The new funding round is being led by 8VC, the Joe Lonsdale-backed venture capital firm, said the people, who asked not to be identified discussing private information. 8VC declined to comment. A representative for Cognition didn't immediately respond to a request for comment. The round doubles the previous valuation of the startup, which released its generative AI coding tool a year ago. Cognition bills the tool, called Devin, as “the world's first AI software engineer.” The new funding round is an indication that investor demand for AI deals is still booming as venture capitalists race to fund promising applications for the technology. Cognition was valued at $2 billion in a funding round last year, according to PitchBook data. Other investors include Founders Fund, Khosla Ventures, Elad Gil and Conviction Partners. Existing investors also participated in the current round, one of the people said. VCs have recently flocked toward AI coding assis [Read more]
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Stockreport

Cognition AI Hits $4 Billion Valuation in Deal Led by Lonsdale's Firm [Yahoo! Finance Canada]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Most Read from Bloomberg The new funding round is being led by 8VC, the Joe Lonsdale-backed venture capital firm, said the people, who asked not to be identified discussing private information. 8VC declined to comment. A representative for Cognition didn't immediately respond to a request for comment. The round doubles the previous valuation of the startup, which released its generative AI coding tool a year ago. Cognition bills the tool, called Devin, as “the world's first AI software engineer.” The new funding round is an indication that investor demand for AI deals is still booming as venture capitalists race to fund promising applications for the technology. Cognition was valued at $2 billion in a funding round last year, according to PitchBook data. Other investors include Founders Fund, Khosla Ventures, Elad Gil and Conviction Partners. Existing investors also participated in the current round, one of the people said. VCs have recently flocked toward AI coding assis [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS